22
Jul
21:32
Cleveland-Cliffs looks towards auto industry growth
US flat rolled steel producer and iron ore pellet manufacturer Cleveland-Cliffs is reporting lower earnings in the second quarter of this year, as compared to Q2 of last year.
Cleveland-Cliffs earned $601 million on sales of $6.34 billion during Q2, down from earnings totalling $795m on sales of $5.05 billion in the same period last year. According to leadership, the company's second quarter performance is at least partially the result of Cleveland-Cliffs'…
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Anonymous
Very good overview of the weekly steel market.
Anonymous