Cleveland-Cliffs Inc

Most Recent

  • Reddit logo with Cleveland-Cliffs and Clean Energy Fuels logos
    Financial Analysis

    CLF Versus CLNE: Which Is the Best Reddit Stock to Buy Now?

    By Mohit Oberoi, CFA
  • Cleveland-Cliffs work site and logo
    Basic Materials

    CLF Stock Forecast: How High Can It Go Amid Reddit Short Squeeze?

    By Mohit Oberoi, CFA
  • cleveland cliffs stock forecast
    Analyst Price Target

    Analysts Say Hold on Cleveland-Cliffs Stock, Reddit Investors Say Buy

    By Danielle Letenyei
  • Lourenco Goncalves
    Miscellaneous

    How Cleveland-Cliffs CEO Lourenco Goncalves Made His Millions

    By Danielle Letenyei
  • Cleveland-Cliffs building
    Industrials

    CLF Stock Is a Good Buy as the U.S. Steel Cycle Nears Its Peak

    By Anuradha Garg
  • Cleveland-Cliffs rig
    Industrials

    Why U.S. Steel and Cleveland-Cliffs Upgraded Their Earnings Guidance

    By Anuradha Garg
  • Cleveland-Cliffs work site and logo
    Industrials

    Cleveland Cliffs (CLF) Stock Is a Buy for Investors on the Pullback

    By Anuradha Garg
  • cleveland cliffs earnings call
    Earnings Report

    Cleveland-Cliffs Stock Rises on Earnings Beat — Is It a Buy?

    By Anuradha Garg
  • steel industry
    Earnings Report

    What to Expect from Cleveland-Cliffs’ Q3 Earnings

    By Mohit Oberoi, CFA
  • uploads///US steel industry
    Basic Materials

    For US Steel Stocks, China Is a Ray of Hope This Year

    In 2020, China is a ray of hope for the global steel industry. China has recovered fast from the pandemic. The recovery has been V-shaped.

    By Mohit Oberoi, CFA
  • uploads///US steel industry
    Basic Materials

    US Steel Industry Pins Hopes on Auto Plant Restarts

    US steel demand has fallen sharply due to the COVID-19 pandemic. The automotive sector will start resuming operations, which should support demand.

    By Mohit Oberoi, CFA
  • uploads///US steel stock analyst rating
    Basic Materials

    Analysts Have Different Views on US Steel Stocks in May

    UBS is bearish on US steel stocks. Last week, UBS lowered Steel Dynamic’s target price from $43 to $32 and Nucor’s target price from $56 to $39.

    By Mohit Oberoi, CFA
  • uploads///US steel industry tariffs
    Basic Materials

    US Steel Industry Craves Another Tariff Reprieve

    While the US slapped tariffs on imports on several key product categories, the US steel industry’s fortunes haven’t really revived.

    By Mohit Oberoi, CFA
  • uploads///US steel prices
    Basic Materials

    Could US Steel Prices Fall More amid COVID-19?

    US steel prices have come under pressure this month following weakness in other industrial metals. The worst might not be over for industrial metals.

    By Mohit Oberoi, CFA
  • uploads///US Steel Covid Essential
    Basic Materials

    US Steel, COVID-19, and the Dichotomy of ‘Essential’

    US steel production data reflect the impact of COVID-19. In the week ending April 4, production fell by 18.9% compared to the same period in 2019.

    By Mohit Oberoi, CFA
  • uploads///US steel production
    Basic Materials

    Should US Steel Mills Halt Production amid Coronavirus?

    The AISI asked the Trump administration to classify the steel industry as “essential.” The industry wants to continue production despite the coronavirus.

    By Mohit Oberoi, CFA
  • uploads///CLF stock price
    Basic Materials

    CLF Stock Falls, Should You Bottom Fish?

    CLF stock looks attractive from a long-term perspective. As a result, it’s a good time to do some bottom fishing in Cleveland-Cliffs.

    By Mohit Oberoi, CFA
  • uploads///U
    Basic Materials

    U.S. Steel Stock Fell to All-Time Low, Dow Crashed Yesterday

    U.S. Steel Corporation (NYSE:X) stock fell to historical lows on Monday. Also, the company’s market capitalization fell below $1 billion.

    By Mohit Oberoi, CFA
  • uploads///steel industry tariffs trump
    Basic Materials

    US Steel Industry Seeks More from ‘Tariff Man’ Trump

    The US steel industry wants more tariff protection from the Trump administration. In 2018, President Trump imposed a 25% tariff on US steel imports.

    By Mohit Oberoi, CFA
  • uploads///CLF stock price
    Basic Materials

    Why Is CLF Stock Sagging near 52-Week Lows?

    Cleveland-Cliffs (NYSE:CLF) stock is trading near its 52-week lows amid the coronavirus scare. The outbreak has impacted the Chinese steel industry.

    By Mohit Oberoi, CFA
  • uploads///US Steel stocks and Trumps Section  tariffs
    Basic Materials

    US Steel Stocks Fall Two Years after Trump’s Tariffs

    Based on Monday’s closing prices, U.S. Steel (NYSE:X), Nucor (NYSE:NUE), and Cleveland-Cliffs (NYSE:CLF) have lost 28%, 24%, and 29%, respectively, in 2020.

    By Mohit Oberoi, CFA
  • uploads///clf and us steel amid coronavirus
    Basic Materials

    CLF and U.S. Steel Stock Fall, Coronavirus Spreads

    Cleveland-Cliffs and U.S. Steel Corporation stocks have fallen this week amid the broader market sell-off. The sector barely recovered from the trade war.

    By Mohit Oberoi, CFA
  • uploads///US steel X stock coronavirus
    Basic Materials

    Coronavirus Impacts US Steel Companies’ Frail Recovery

    US steel companies’ stock prices have fallen this year amid the coronavirus scare. Concerns about the coronavirus hit the Chinese economy.

    By Mohit Oberoi, CFA
  • uploads///cleveland cliffs
    Basic Materials

    Why CLF Stock Fell after Its Q4 Earnings Release

    CLF reported its fourth-quarter earnings on February 20 before the markets opened. The company generated revenues of $534 million in the quarter.

    By Mohit Oberoi, CFA
  • uploads///CLF stock US steel
    Basic Materials

    Why CLF Stock Could Have an Eventful 2020

    AK Steel’s acquisition would make 2020 a crucial year for CLF. The company needs to make a lot of strategic decisions about AK Steel.

    By Mohit Oberoi, CFA
  • uploads///AdobeStock_
    Basic Materials

    Could US Steel Stocks Be a Contra Play in 2020?

    Overall, 2019 was a mixed year for US steel stocks. However, due to the rally in the fourth quarter, most stocks managed to close the year with gains.

    By Mohit Oberoi, CFA
  • uploads///US Steel
    Basic Materials

    Why US Steel Stock Underperformed Peers in 2019

    U.S. Steel stock (X) has underperformed peers so far in 2019. Notably, it’s the only leading US steel name that’s trading with a YTD (year-to-date) loss.

    By Mohit Oberoi, CFA
  • uploads///Trumps steel tariffs
    Basic Materials

    Ross Defends Trump’s Steel Tariffs as Layoffs Mount

    US Commerce Secretary Wilbur Ross defended President Donald Trump’s Section 232 steel and aluminum tariffs in a recent interview.

    By Mohit Oberoi, CFA
  • uploads///steel frame structure
    Basic Materials

    A Look at Analysts’ Top 5 US Steel Stocks

    In this overview article, we’ll see how analysts are rating the leading steel stocks, and we’ll also compare performance from the top five steel companies.

    By Mohit Oberoi, CFA
  • uploads///US steel stocks
    Basic Materials

    Can US Steel Stocks’ Santa Claus Rally Continue?

    US steel stocks have been on fire in the fourth quarter and have outperformed the broader markets. However, they’re still far below last year’s highs.

    By Mohit Oberoi, CFA
  • uploads///CLF USMCA
    Basic Materials

    How CLF Could Benefit from the USMCA

    The US, Canada, and Mexico signed the United States–Mexico–Canada Agreement. The automotive and steel rules look good for Cleveland-Cliffs (CLF).

    By Mohit Oberoi, CFA
  • uploads///US Steel
    Basic Materials

    For the US Steel Industry, China’s No Longer the Villain!

    For a long time, US steel producers blamed Chinese steel exports for depressing prices. However, Chinese exports have fallen sharply this year.

    By Mohit Oberoi, CFA
  • uploads///CLF AKS merger
    Basic Materials

    CLF and AKS Merger: Could Goncalves Be the X Factor?

    Apart from all of the synergies and strategic rationales, CLF’s current management team, especially Goncalves, might be the X factor for the transaction.

    By Mohit Oberoi, CFA
  • uploads///AdobeStock_
    Basic Materials

    CLF Acquires AKS: A Match Made in Heaven?

    Yesterday, Cleveland-Cliffs (CLF) announced that it would acquire AK Steel (AKS) at a premium of 16% over both stocks’ December 2 closing prices.

    By Mohit Oberoi, CFA
  • uploads///CLF buys AKS
    Investments & Deals

    CLF Buys AK Steel: A Win-Win Transaction?

    Today, Cleveland-Cliffs (CLF) announced that it was buying AK Steel (AKS), a flat rolled steel producer that supplies mainly to the automotive sector.

    By Mohit Oberoi, CFA
  • uploads///US Steel
    Basic Materials

    US Steel Stocks: Can Trump Play ‘Santa’ Yet Again?

    President Trump tweeted that the Section 232 steel and aluminum tariffs would be restored for Brazil and Argentina. Could this Santa Claus rally continue?

    By Mohit Oberoi, CFA
  • uploads///CLF stock US steel imports
    Basic Materials

    CLF Might Benefit, US Steel Imports Tumble

    Cleveland-Cliffs (CLF) stock has risen 12.7% this month. The stock has risen 9.2% YTD (year-to-date) based on its closing prices on Tuesday.

    By Mohit Oberoi, CFA
  • uploads///CLF versus U
    Basic Materials

    Is Cleveland-Cliffs or U.S. Steel Stock More Attractive?

    Cleveland-Cliffs (CLF) and U.S. Steel (X) stocks have underperformed markets this year. However, U.S. Steel has been strong in November.

    By Mohit Oberoi, CFA
  • uploads///US steel layoffs
    Basic Materials

    US Steel Industry: Layoffs Mount despite Trump’s Tariffs

    There have been reports of several layoffs in the US steel industry this year, in contrast to last year’s news of plant restarts and new plants.

    By Mohit Oberoi, CFA
  • uploads///elon musk critcism
    Basic Materials

    Get Real: Musk Confronts Criticism, Earnings Continue

    In today’s Get Real, we saw Apple Watch’s performance and another loss for Boeing. Plus, Google’s Fitbit acquisition faces scrutiny from the EU.

    By Grace Nightingale
  • uploads///CLF US Steel
    Basic Materials

    Cleveland-Cliffs and U.S. Steel Await Another ‘Trump Effect’

    Cleveland-Cliffs (CLF) and U.S. Steel (X) are in the red this year. As we head into the 2020 election, both companies desperately need another “Trump effect.”

    By Mohit Oberoi, CFA
  • uploads///AdobeStock_
    Basic Materials

    CLF, U.S. Steel Corporation Read the Writing on the Wall

    CLF and U.S. Steel Corporation are looking at electric arc furnaces, whose variable cost dynamics make them suitable for the cyclical steel industry.

    By Mohit Oberoi, CFA
  • uploads///CLF stock
    Basic Materials

    Citi Has Some Bad News for CLF Stock and US Steel

    Citi is bearish on iron ore and steel prices, expecting bad news for Cleveland-Cliffs (CLF) and US steel companies. This year, CLF stock is trading almost flat.

    By Mohit Oberoi, CFA
  • uploads///US steel
    Basic Materials

    Two Reasons US Steel Stock Is Surging Today

    U.S. Steel stock (X) is trading with sharp gains today after the company released its Q3 earnings. Here’s why the market is so optimistic about X.

    By Mohit Oberoi, CFA
  • uploads///AK Steel Q earnings
    Basic Materials

    What to Watch in AK Steel’s Q3 Earnings Today

    AK Steel’s Q3 earnings are expected today after the markets close. The company will hold its earnings call on Thursday. The stock might be volatile.

    By Mohit Oberoi, CFA
  • uploads///US Steel
    Basic Materials

    Why US Steel Short Sellers Might Lose on Their Bets

    Things could turn around for the US steel sector, with mills pushing for price hikes. Earnings results this week could also surprise positively.

    By Mohit Oberoi, CFA
  • uploads///Cleveland Cliffs stock
    Basic Materials

    Cleveland-Cliffs: Analysts Weren’t Impressed after Q3

    Analysts weren’t impressed with Cleveland-Cliffs’ third-quarter earnings. On Thursday, J.P. Morgan lowered its target price from $8 to $7.

    By Mohit Oberoi, CFA
  • uploads///US steel companies
    Basic Materials

    US Steel Companies Call a Bottom after Prices Plummet

    Domestic prices have plunged to a three-year low. However, US steel companies are calling it a bottom now in terms of pricing.

    By Mohit Oberoi, CFA
  • uploads///AdobeStock_
    Basic Materials

    US Steel Guidance: A Negative Read for Cleveland-Cliffs

    Cleveland-Cliffs (CLF) and its US steel peers are on a roller-coaster ride in 2019. CLF fell 25.5% in August alone. Year-to-date, it’s up 6.4%.

    By Anuradha Garg
  • uploads///AdobeStock_
    Basic Materials

    CLF Stock: Buy Now in the Current Dip?

    Cleveland-Cliffs, Inc (CLF) stock is having a roller coaster ride in 2019, as well as its US steel peers. CLF’s stock declined by 25.5% in August.

    By Anuradha Garg
  • uploads///AdobeStock_
    Basic Materials

    Cleveland-Cliffs Rises on Better-than-Expected Q2 Results

    Cleveland-Cliffs (CLF) released its second-quarter results today before the markets opened.

    By Anuradha Garg
  • uploads///architecture _
    Basic Materials

    What Analysts Expect from Cleveland-Cliffs’ Q2 Earnings

    Currently, 73% out of 11 analysts have given Cleveland-Cliffs “buy” ratings. Another 27% have given it “holds.” It doesn’t have any “sell” ratings.

    By Anuradha Garg
  • uploads///CLF_Digging Into Cleveland Cliffs Before Its Q  Earnings
    Basic Materials

    Digging into Cleveland-Cliffs before Its Q2 Earnings

    Cleveland-Cliffs (CLF) is set to release its Q2 earnings before markets open on July 19, and hold a conference call with analysts and investors at 9:00 AM Eastern Time that day.

    By Anuradha Garg
  • uploads///architecture _
    Basic Materials

    US Steel Industry Outlook: Will June’s Momentum Continue?

    The US steel industry had a somber start to the year, and the sell-off only deepened as the year progressed.

    By Mohit Oberoi, CFA
  • uploads///construction factory industrial
    Basic Materials

    CLF CEO Expects Iron Ore Pellet Prices to Stay Higher for Longer

    During an interview with the S&P Global Platts, Cleveland-Cliffs’ (CLF) CEO Lourenco Goncalves said he expects a shortage in iron ore pellets to persist.

    By Anuradha Garg
  • uploads///administration america american flag
    Basic Materials

    CLF CEO Thinks US Economy Is Fantastic, but Has Advice for Trump

    During his interview with the S&P Global Platts, Cleveland-Cliffs’ (CLF) CEO, Lourenco Goncalves, also talked about the US economy.

    By Anuradha Garg
  • uploads///forge _
    Basic Materials

    Why CLF’s CEO Sees a Big Upswing in US Steel Prices Soon

    Cleveland-Cliffs’ (CLF) CEO, Lourenco Goncalves, believes that US steel prices should see a big upswing in the next few months.

    By Anuradha Garg
  • uploads///Part
    Basic Materials

    Why Analysts Love CLF When US Steel Sector Is in Doldrums

    Cleveland-Cliffs’ target price of $13.5 implies an upside of ~49% based on its current market price.

    By Anuradha Garg
  • uploads///Part
    Basic Materials

    China Steel Demand Supports Iron Ore as Other Commodities Tank

    While tighter iron ore supply is supporting prices on one hand, firm Chinese steel demand is also helping prices.

    By Anuradha Garg
  • uploads///Part
    Basic Materials

    Why CLF Stock Is Rising despite Declining US Steel Prices

    While domestic fundamentals improved after tariffs were imposed, weaker spot steel prices took hold shortly thereafter.

    By Anuradha Garg
  • uploads///Part
    Basic Materials

    US Steel Production Is Providing a Nice Tailwind to CLF Stock

    US steel production has been on an uptrend since the Trump administration imposed import tariffs.

    By Anuradha Garg
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    Basic Materials

    Could Divergence between Cleveland-Cliffs and Steel Continue?

    One of the reasons for the dismal performance of US steel stocks is the weak US steel prices.

    By Anuradha Garg
  • uploads///Part
    Basic Materials

    Record China Steel Production Supports Iron Ore despite Trade War

    As the supply tightness in the seaborne iron ore market continues, there’s another factor supporting prices: Chinese steel demand.

    By Anuradha Garg
  • uploads///Part
    Basic Materials

    Dalio’s Bridgewater: Stock Exits, Cuts, and Additions in Q1

    For Ray Dalio’s Bridgewater Associates, the notable exits during the first quarter included U.S. Steel Corporation (X).

    By Anuradha Garg
  • uploads///part
    Basic Materials

    Steel Tariff Exemptions: Will Safeguards Be Enough?

    Last week, the Trump administration announced Section 232 exemptions for steel and aluminum imports from Canada and Mexico.

    By Mohit Oberoi, CFA
  • uploads///industry _
    Basic Materials

    Has President Trump Betrayed US Steel Companies’ Trust?

    Last week, President Trump made two decisions that might not sit well with US steel companies.

    By Mohit Oberoi, CFA
  • uploads///architecture _
    Basic Materials

    Steel Stocks Fall Even as Trump’s Tariffs ‘Rebuilt’ the Industry

    US steel and iron ore stocks were in the red today in the early trading hours. As of 10:30 AM ET, U.S. Steel (X), AK Steel (AKS), Nucor (NUE), and Cleveland-Cliffs (CLF) were down 1.6%, 0.43%, 1.1%, and 0.5%, respectively.

    By Mohit Oberoi, CFA
  • uploads///architecture _
    Basic Materials

    US Steel Stocks Bleed after China Retaliates against US Tariffs

    US equity markets are deep in the red today, and the S&P 500 (SPY) is down 2.4% as of 12:10 PM ET. The SPDR S&P Metals and Mining ETF (XME) is underperforming the broader markets and has lost 4.4%.

    By Mohit Oberoi, CFA
  • uploads///shane mclendon  unsplash
    Basic Materials

    Vale’s Production Loss Has Become Its Peers’ Gain—Here’s How

    Vale (VALE) published its first-quarter production report on May 8, making its shipment data much clearer.

    By Anuradha Garg
  • uploads///part
    Basic Materials

    Metals’ Fragile Recovery Takes the Back Seat amid Trade Rhetoric

    Donald Trump has stepped up his trade rhetoric by hiking up the tariff on $200 billion in Chinese goods to 25%.

    By Mohit Oberoi, CFA
  • uploads///architecture _
    Basic Materials

    Trump Likes Steel Companies’ Investments, but Markets Don’t

    Today, U.S. Steel Corporation (X) announced a $1.2 billion investment toward casting and rolling facilities at Mon Valley Works and cogeneration facilities at its Clairton Works plant.

    By Mohit Oberoi, CFA
  • uploads///tube bender _
    Basic Materials

    U.S. Steel: Q1 Earnings Might Revive Investors’ Sentiments

    U.S. Steel Corporation (X) is scheduled to release its first-quarter earnings on May 2 after the markets close.

    By Mohit Oberoi, CFA
  • uploads///part  shipments
    Basic Materials

    It’s Getting Tough to Ignore AK Steel’s Weak Shipments

    AK Steel (AKS) was trading higher in after-market trading yesterday after it posted better-than-expected earnings.

    By Mohit Oberoi, CFA
  • uploads///FCFs
    Basic Materials

    Cleveland-Cliffs Plans to Continue Buying Back Stock

    Since Cleveland-Cliffs’ (CLF) new management took over in August 2014, the company has turned around for the better.

    By Anuradha Garg
  • uploads///Vale
    Basic Materials

    Are Higher Iron Ore and Pellet Prices the New Normal?

    Investors might recall that a major disaster struck Vale (VALE) on January 25, with a dam rupture at its iron ore mine in the Brazilian state of Minas Gerais (EWZ) killing more than 300 people.

    By Anuradha Garg
  • uploads///Realizations
    Basic Materials

    These Factors Could Boost CLF’s Realized Prices

    Cleveland-Cliffs’ (CLF) mining and pelletizing realized revenue is influenced by customer demand for iron ore pellets.

    By Anuradha Garg
  • uploads///Sales volujmes
    Basic Materials

    Supply Glut Fears ‘Exaggerated’? CLF’s Demand Outlook

    Cleveland-Cliffs’ (CLF) Mining and Pelletizing sales volumes fell in Q1 2019, by 3.8% YoY (year-over-year) to 1.55 million tons, meeting just 7.8% of its expected volume for the full year.

    By Anuradha Garg
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    Basic Materials

    How Cleveland-Cliffs Is Looking after Its Q1 2019 Results

    Cleveland-Cliffs (CLF) released its first-quarter results on April 25 before the markets opened.

    By Anuradha Garg
  • uploads///Vale
    Basic Materials

    Cleveland-Cliffs’ Upside: Vale’s Dam Burst and Supply Disruptions

    Vale’s dam burst On January 25, a major disaster struck Vale (VALE) when a dam ruptured at one of its mines in Brazil (EWZ). More than 300 people died when the dam ruptured. Since then, there have been several injunctions on the company. Vale announced that it will decommission all of the dams built by the upstream […]

    By Anuradha Garg
  • uploads///Realized prices
    Basic Materials

    Cleveland Cliffs: Realized Price Expectations in 2019

    Cleveland-Cliffs expects US (SPY) (IVV) realized prices to be $102.0–$107.0 per ton for 2019.

    By Anuradha Garg
  • uploads///Revenue Estimates
    Basic Materials

    Analysts Expect a Steep Revenue Fall for CLF in Q1—Here’s Why

    Analysts polled by Thomson Reuters expect Cleveland-Cliffs (CLF) to post revenue $120 million in the first quarter.

    By Anuradha Garg
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    Basic Materials

    What Are Analysts’ Ratings on CLF ahead of Its Q1 Results?

    Cleveland-Cliffs (CLF) is expected to report its first-quarter earnings results on April 25.

    By Anuradha Garg
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    Basic Materials

    Iron Ore Prices Could Be Supported after Vale’s Mine Restart

    Even though a Brazilian court gave Vale authorization to restart the Brucutu mine, Vale hasn’t increased its guidance.

    By Anuradha Garg
  • uploads///iron ore mine
    Basic Materials

    Vale: No Production Upgrade despite Authorization to Reopen Mine

    On April 16, a Brazilian (EWZ) court gave Vale (VALE) authorization to restart its operations at the Brucutu mine.

    By Anuradha Garg
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    Basic Materials

    Analysts Weigh In on Nucor’s First-Quarter Earnings

    Nucor (NUE) is expected to release its first-quarter earnings results on April 23. The company posted record earnings last year, but its stock fell 18.5%.

    By Mohit Oberoi, CFA
  • uploads///part  steel exports
    Basic Materials

    Will Steel Prices Go Aluminum’s Way in 2019?

    Last year, alumina prices surged to record highs. US sanctions on RUSAL coupled with the closure of Norsk Hydro’s Alunorte refinery lifted alumina prices.

    By Mohit Oberoi, CFA
  • uploads///Aggegate financing
    Basic Materials

    Could Citibank’s Three-Figure Forecast for Iron Ore Prices Come True?

    Citibank (C) is advising investors to participate in the current iron ore price (PICK) rally.

    By Anuradha Garg
  • uploads///Relative price perf
    Basic Materials

    Credit Suisse Is Expecting a Push in Iron Ore Prices on Supply Deficit

    As iron ore supply disruptions, at least from Vale (VALE), don’t look likely to go away easily, analysts have started another round of upgrades for iron ore prices.

    By Anuradha Garg
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    Basic Materials

    Is the Party Just Getting Started for Iron Ore Miners?

    Iron ore prices are again touching multiyear highs.

    By Anuradha Garg
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    Basic Materials

    U.S. Steel Reaches ‘Important Milestone’ at Clairton Works

    Earlier this year, U.S. Steel Corporation (X) received an enforcement order from the ACHD (Allegheny County Health Department) about higher emissions from its Clairton Works facility, which had a fire last year.

    By Mohit Oberoi, CFA
  • uploads///industrial _
    Basic Materials

    US Steel Lagged, Other Steel Stocks Rose in Q1

    AK Steel (AKS) outperformed other US steel stocks and rose 22.2% in the first quarter. Cleveland-Cliffs continued to outperform steel stocks.

    By Mohit Oberoi, CFA
  • uploads///Part
    Basic Materials

    Could Iron Ore Gain from Vale’s Large Production Cut Expectation?

    Vale’s (VALE) iron ore production came in at 101 million tons in the fourth quarter of 2018, an increase of 8.2% YoY (year-over-year).

    By Anuradha Garg
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    Basic Materials

    Vale’s Q4 Results: Why Analysts’ Sentiments Are Trending Down

    Vale (VALE) released its fourth-quarter and 2018 results on March 27. In 2018, it reported a net profit of $6.86 billion.

    By Anuradha Garg
  • uploads///Estimates
    Basic Materials

    Why Analysts Could Raise Their Earnings Estimates for CLF

    Cleveland-Cliffs (CLF) has guided for production and sales volumes of 20 million tons each this year, including 500,000 tons of direct-reduced grade pellets to be delivered to its HBI (hot briquetted iron) plant in Toledo.

    By Anuradha Garg
  • uploads///US Steel imports
    Basic Materials

    Steel’s Higher Capacity Utilization Is Good News for CLF

    Domestic steel production is a major demand driver for Cleveland-Cliffs’ (CLF) iron ore pellets.

    By Anuradha Garg
  • uploads///Vale
    Basic Materials

    Vale’s Dam Burst Has Yet to Fully Reflect in CLF’s Prices

    On January 25, a major disaster struck Vale (VALE) when a dam ruptured at its iron ore mine in the Brazilian (EWZ) state of Minas Gerais.

    By Anuradha Garg
  • uploads///Part
    Basic Materials

    Could Contract Negotiations Boost CLF’s Margins?

    Most of Cleveland-Cliffs’ (CLF) tonnage is contracted to steelmakers under long-term contracts, improving visibility and reducing volatility for its earnings.

    By Anuradha Garg
  • uploads///mining _
    Basic Materials

    Why Vale’s Problems Will Likely Continue

    Vale’s (VALE) problems don’t seem to be ending anytime soon. Since the disaster on January 25, Vale stock has fallen 13.5% as of March 25.

    By Anuradha Garg
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    Basic Materials

    ‘Steelmageddon’: Are Steel Bears Getting It Wrong Once Again?

    Bank of America Merrill Lynch released a bearish note on the US steel industry, citing capacity additions among domestic steel companies.

    By Mohit Oberoi, CFA
  • uploads///steel mill _
    Basic Materials

    Are US Steel Stocks a ‘Sell’ after Disappointing Q1 Guidance?

    Today, Steel Dynamics released its first-quarter earnings guidance. It expects its first-quarter EPS to be between $0.88 and $0.92.

    By Mohit Oberoi, CFA
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