Cleveland-Cliffs is losing money as the steel industry deals with a downturn, which is exactly why you might want to buy it.Shares of Cleveland-Cliffs (CLF -4.98%) have fallen about 60% from their highs in 2022. That's a crushing price pullback, but hardly surprising given the sector in which Cleveland-Cliffs operates. The steel industry is known for being highly cyclical, and that dramatically changes the equation for investors.Here's why this sell-off could be a buying opportunity in Cleveland-Cliffs -- a ...