|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||42.76 - 43.74|
|52 Week Range||31.67 - 45.39|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.55%|
Cleveland-Cliffs’ (CLF) average realized prices increased 24% year-over-year and 22% quarter-over-quarter to $97 per ton in 2Q17.
China’s property sector is one of its most steel-hungry sectors, accounting for close to 50% of overall steel demand. Therefore, it is important for steel investors to keep tabs on…
Along with steel production, steel prices are among the most important drivers of US steelmakers’ earnings. Therefore, steel and iron ore investors should track US steel prices (SLX). After being depressed ...
On October 2, 2017, Cleveland-Cliffs (CLF) announced its acquisition of U.S. Steel Corporation’s (X) 15% equity interest in the Tilden mine for $105 million. Cleveland-Cliffs already owned the other 85% of ...
Wall Street analysts covering Cleveland-Cliffs estimate revenues of ~$2.4 billion in 2017. This implies growth of 14.7% year-over-year.
The VanEck Vectors Steel ETF (NYSEArca: SLX ) is up about 15% year-to-date and resides just 3% below its recent highs, but some market observers are pondering the value proposition currently being offered ...
Steel prices are one of the primary factors that drive US steelmakers’ earnings, and so it's imperative for investors to track steel prices
The American steel industry has written to President Donald Trump requesting that he restrict steel imports immediately.
Cliffs Natural Resources (CLF) downgraded its EBITDA and net earnings guidance for 2017 due to weaker-than-expected YTD averages of US HRC and seaborne iron ore prices.
On July 31, 2017, Cliffs Natural Resources (CLF) announced a tender offer for a $575.0 million aggregate principal amount of its 5.75% guaranteed notes due in 2025.
The 2Q17 earnings season for US-based steel companies is now over. Cliffs Natural Resources (CLF) released its 2Q17 results on July 27, 2017, before the market opened.
Steel has been on a roll in recent weeks, even with the overhang of the Section 232 of the Trade Expansion Act of 1962, which may not be resolved in the near future. BMO Capital Markets' David Gagliano takes a look at steel today writing that while the Section 232 investigation could be a downward risk to domestic steel prices during the second half of this year, there's still plenty of good news for the sector.
US iron ore (or USIO) is the main driver for Cliffs Natural Resources’ (CLF) top and bottom lines. The top line, in turn, is driven by volumes and realized prices.
Cliffs Natural Resources (CLF) achieved revenues of $569 million for 2Q17, an increase of 15% year-over-year (or YoY).
Cliffs Natural Resources (CLF) released its 2Q17 results on July 27, 2017, before the market opened. Here's what you need to know.
Rio Tinto (RIO) released its operational update for 1H17 on July 18, 2017. Rio’s iron ore shipments fell 6% year-over-year (or YoY) to 77.7 million tons in 2Q17.
Since China’s automobile industry is the second-largest consumer of steel after the real estate sector, it's important to track its developments.
According to the consensus compiled by Thomson Reuters, 22% of the analysts covering Cliffs Natural Resources (CLF) recommended a “sell” for the stock, 33% recommend a “buy,” and 44% recommend a “hold” ...
Compared to 1Q16, Cliffs Natural Resources’ average realized prices fell 5% year-over-year to $79.30 per ton in 1Q17.
In this series, we’ll see what investors could expect from Cliffs Natural Resources’ (CLF) 2Q17 earnings report. CLF stock has gained 23% in the last 15 trading days.