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Cleveland-Cliffs (CLF) Successfully Tests Hydrogen Blast Furnace
Zacks Investment Research· 2024-01-30 01:16
Cleveland-Cliffs Inc. (CLF) announced the successful completion of a hydrogen (H2) injection trial at its Indiana Harbor #7 blast furnace, marking a milestone in North American steel production. Following the successful trial at Middletown Works in May 2023, this represents the second Cleveland-Cliffs blast furnace to integrate hydrogen as a reductant and fuel source.Indiana Harbor #7 stands as one of the largest blast furnaces globally and the largest in North America, renowned for its size and production ...
Cleveland-Cliffs Completes Successful Blast Furnace Hydrogen Injection Trial at Indiana Harbor #7 Blast Furnace
Businesswire· 2024-01-27 03:42
CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) announced today that it has successfully completed a hydrogen (H2) injection trial at its Indiana Harbor #7 blast furnace, the largest blast furnace in North America. This represents the second Cleveland-Cliffs blast furnace to utilize hydrogen as a reductant and fuel source, following the successful trial at Middletown Works in May of 2023. Indiana Harbor #7 is among the largest blast furnaces in the entire world, both in size and production cap ...
Should Value Investors Buy ClevelandCliffs (CLF) Stock?
Zacks Investment Research· 2024-01-26 23:46
While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use tried-and-true metrics and fundamental analysis to find companies that they beli ...
Cleveland-Cliffs (CLF) Exceeds Market Returns: Some Facts to Consider
Zacks Investment Research· 2024-01-25 08:01
股价表现 - Cleveland-Cliffs (CLF) 最近收盘价为$18.27,较前一个交易日上涨了+1.22%[1] 财报预期 - 分析师和投资者将密切关注Cleveland-Cliffs在即将公布的财报中的表现,预计公司将在2024年1月29日公布每股收益为-$0.07,同比增长76.67%[3] 股票评级 - Cleveland-Cliffs目前的Zacks Rank为2 (Buy),过去一个月Zacks Consensus EPS估计上调了7.69%[6] 估值比较 - Cleveland-Cliffs目前的Forward P/E比率为8.06,低于行业平均值11.58[7]
Cleveland-Cliffs (CLF) Q4 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
Zacks Investment Research· 2024-01-24 23:21
克利夫兰悬崖(CLF)财报预测 - 分析师预测克利夫兰悬崖将在即将发布的报告中每股亏损0.07美元,同比增长76.7%[1] - 预计克利夫兰悬崖的营收将达到51.6亿美元,同比增长2.3%[1] - 分析师对该季度的每股收益(EPS)预测在过去30天内上调了69.2%[2] - 在公司披露收益之前,重要考虑收益预测的变化,这对预测投资者对股票的反应至关重要[3]
Cleveland-Cliffs (CLF) to Report Q4 Earnings: What's in Store?
Zacks Investment Research· 2024-01-24 22:26
Cleveland-Cliffs Inc. (CLF) is slated to release fourth-quarter 2023 results after the closing bell on Jan 29.The company beat the Zacks Consensus Estimate for earnings in three of the last four quarters, while posted in-line result once. It has a trailing four-quarter earnings surprise of roughly 19.9%, on average.Cleveland-Cliffs is likely to have gained from healthy overall volumes and lower steelmaking unit costs in the fourth quarter. However, weaker selling prices are likely to have hurt its margins.T ...
Cleveland-Cliffs Stock Posing Attractive Entry Point
Schaeffers Research· 2024-01-23 04:33
The shares of Cleveland-Cliffs Inc (NYSE:CLF) are already down 12.1% since the start of the year. The equity has only closed higher three days this January, though checking off a fourth today if gains hold. At last glance, CLF was up 1.2% at $17.94, and potentially poised for a rebound. According to Schaeffer's Senior Quantitative Analyst Rocky White, the recent pullback has CLF within one standard deviation of its 260-day moving average for the second time in the last three years. The stock was 14.6% highe ...
Cleveland-Cliffs (CLF) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release
Zacks Investment Research· 2024-01-23 00:07
The market expects Cleveland-Cliffs (CLF) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on January 29, 2024, might help the stock move higher if these key numb ...
Cleveland-Cliffs Applauds Department of Commerce's Final Determinations on Antidumping and Countervailing Duties for Tin Mill Products
Businesswire· 2024-01-06 05:00
CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) today applauded the Department of Commerce’s Final Antidumping and Countervailing Determinations on tin mill products from several trade partners responsible for unfair trade. In January 2023, Cleveland-Cliffs and the United Steelworkers jointly filed an antidumping and countervailing duty trade case alleging that a surge of dumped and subsidized tin mill product imports had materially injured Cleveland-Cliffs’ Weirton operation and its USW workf ...
Cleveland-Cliffs to Announce Full-Year and Fourth-Quarter 2023 Earnings Results on January 29 and Host Conference Call on January 30
Businesswire· 2024-01-05 21:44
CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) will announce its full-year and fourth-quarter 2023 earnings results after the U.S. market close on Monday, January 29, 2024. The Company invites interested parties to listen to a live broadcast of a conference call with securities analysts and institutional investors to discuss the results on Tuesday, January 30, 2024, at 8:30 am ET. The call can be accessed at www.clevelandcliffs.com and will also be archived and available for replay at that a ...