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How Do Analysts See Cleveland-Cliffs’ Debt Progressing?

Annie Gilroy
How Do Analysts See Cleveland-Cliffs’ Debt Progressing?

Cleveland-Cliffs (CLF) has come a long way with respect to its debt levels. Following the company’s change in management in 2014 and its focus on debt reduction as the utmost priority, investors’ concerns have been allayed somewhat. The company ended the first quarter with net debt of $1.3 billion, its lowest level in the last six years.