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Posted by
Two Blokes Jul 22 -
Filed in
Stock
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Cleveland-Cliffs' Q2 results showed improved shipments, higher ASP, and lower costs, signaling tangible progress on turnaround and operational optimization initiatives. Key catalysts include the upcoming expiration of the ArcelorMittal/Nippon Steel contract and U.S. auto sector strength, which should further boost EBITDA. CLF's liquidity position is strong, CAPEX and SG&A have been trimmed, and tariffs are supporting domestic steel demand and profitability outlook.
