Cleveland Cliffs Inc (CLF) Options

yes, cancel the Nippon deal...

There won't be a dividend in the near future because CLF is using free cash flow to pay down debt. Moreover, CLF is presumably still interested in pursuing US Steel at some point, if the Nippon deal does not go through.

Reducing costs might have some affect, and, or improving accounting methods? certainly getting back to paying a stock dividend might help as well, after all, its only paper money! New Management?

https://www.tradingview.com/news/zacks:2a9af6d67094b:0-clf-stock-trades-near-52-week-low-should-you-buy-hold-or-sell/

Check out @abracky message on Stocktwits http://stocktwits.com/abracky/message/609377493

https://www.insidermonkey.com/blog/is-cleveland-cliffs-inc-nyseclf-the-best-us-stock-under-10-to-buy-right-now-1493138/

No doubt. He's the biggest liability Cliffs has, in my book.

More expensive than both Kirsh and Halverson were, before Drapper selected him for the position to a shareholders proxy vote. Then Drapper lost his life in a skiing accident. What did he know or do? Metals USA couldn't get rid of him soon enough as he was groping staff on his way out. LoL

It really is sad. Then he hires his kid as CFO so he doesn't have to meet the public for conference calls.

He truly is King of the Congo with that salary package.

This is your Team at Cliffs. SMH


Shorts are lining up with the 630 being laid off news

https://www.canadianminingjournal.com/news/mining-ceo-salaries-rise-but-gender-diversity-remains-elusive-bedford-report-finds/

Get rid if this guy.

https://www.mining.com/mining-ceo-salaries-rise-but-gender-diversity-remains-elusive-bedford-report-finds/

The CEO from Brazil started playing Doctor and lost tract of the company and enormous debt.

Nobody seen it coming.

Could this Bunker be in Brazil?

I warned, that the CEO of Cliffs, should never send money to feed the enemy with a war going on. I can't believe that he even made it public. And then got involved promoting a plandemic, injuring employees across the board. Made public offerings, in cash bonuses. Are CC's being transmitted from this bunker since both CEO and CFO were carefully positioned?

Where is this Bunker and why did this pic surface? The consequences of playing Doctor and war?

Cleveland-Cliffs announces temporary layoffs of 630 in Minnesota March 21, 2025 11:25 AM

Cleveland-Cliffs Inc. plans the temporary layoffs of more than 600 people at two Minnesota operations, a move the company said results from a need to "consume the excess (iron ore) pellet inventory produced in 2024" as a result of "decreased domestic steel demand" that year.

https://www.crainscleveland.com/manufacturing/cleveland-cliffs-lay-about-more-600-minnesota

CLF HERE.

Car Crisis: 14 Reasons Americans Aren't Buying Cars Anymore.

https://chachingqueen.com/reasons-americans-no-longer-buy-cars/

https://www.marketbeat.com/instant-alerts/cleveland-cliffs-inc-nyseclf-given-average-rating-of-moderate-buy-by-analysts-2025-03-11/

But if CLF is an American 🇺🇸 company, why wouldn’t they be up on heavy tariffs on foreign steel?

Trump said he's 'looking at' cutting back on recent tariff increase to Canada

Never mind, could be a head fake.

https://www.bbc.com/news/live/cly412xwz44t

Delayed reaction? CLF is now +2%, which is the best performance on my screen today.

CLF is trading slightly down today, as though investors don't believe the 50% tariff will actually happen.

Trump orders 50% tariffs on Canadian steel and aluminium.


https://www.bbc.com/news/live/cly412xwz44t

Another insider (small) open-market buy today:

https://www.sec.gov/Archives/edgar/data/764065/000076406525000064/xslF345X05/wk-form4_1741636274.xml

CLF down a full dollar today, or 10%. Trump slam..

https://www.stocktitan.net/news/CLF/cleveland-cliffs-announces-buy-american-automotive-incentive-program-hflmktmcrd79.html

Compare MT to CFL

https://www.etfdailynews.com/2025/03/04/bank-of-new-york-mellon-corp-acquires-1236247-shares-of-cleveland-cliffs-inc-nyseclf/

https://folikoinsights.com/article/CLF/2025/03/03/cleveland-cliffs-attracts-value-investors-amid-market-challenges-with-analysts-forecasting-a-50-stoc?cid=65yUWyj5psjv7lKb

CLF EVP also bought ~$100K on the open market today:

https://www.sec.gov/Archives/edgar/data/764065/000076406525000062/xslF345X05/wk-form4_1740761267.xml

CLF independent director bought ~$100K of stock on the open market today:

https://www.sec.gov/Archives/edgar/data/764065/000076406525000060/xslF345X05/wk-form4_1740756032.xml

Clf's revenue this year was $19.2B, USX's revenue was this year was $15.6B. As a iron ore producer only, CLF's annual revenue was about $2B. They are still making a lot of money, just not as much as last year.

CLF 4Q24 CC transcript:

https://finance.yahoo.com/news/cleveland-cliffs-clf-q4-2024-183013211.html

This was an unusually informative CC, IMO.

“Our results in 2024 were a consequence of the worst steel demand environment since 2010 (ex-COVID),” states Lourenco Goncalves, the company’s board chair, president and CEO.


This isn't that bad. During COVID shares were around $4 a share.


Buying opportunity. 

Weak call today...

CLF reports 4Q24 results:

https://www.clevelandcliffs.com/investors/news-events/press-releases/detail/670/cleveland-cliffs-reports-full-year-and-fourth-quarter-2024

The 3Q24 results are anticlimactic insofar as CLF pre-announced “trough” (not a typo) 4Q24 financials on 2/3/25 (#msg-175752565). Of greater consequence is the following remark from the CEO in the above PR: “As of late February, Cleveland-Cliffs is well on the way for a dramatic rebound in 2025. We can already see the early signals of this rebound in automotive pull, index pricing, and our overall order book. Also, with the addition of Stelco’s spot price driven non-automotive book of business to our footprint, we are even better equipped now to ride this upside than in previous cycles, as we are now less dependent on fixed price contracts.” CC Tuesday at 8:30am ET.


4Q24 CC slides:
https://d1io3yog0oux5.cloudfront.net/_523dceb719d0400c6ec1ddeb2375f728/clevelandcliffs/db/1111/11908/file/CLF+-+Q4+and+FY+2024+Earnings+Presentation+2.24.25.pdf

https://gmk.center/en/news/cleveland-cliffs-opens-april-contracts-for-hot-rolled-steel-at-900-t/

WSJ highlights transformer bottleneck—bullish for CLF:

https://www.wsj.com/economy/trade/how-tariffs-could-shock-americas-power-system-44c17e86 The power industry has already been experiencing a shortage of transformers, for which demand is expected to jump even more in the coming years.

…The National Renewable Energy Laboratory estimates that about 55% of in-service distribution transformer units are older than 33 years and approaching their end of life. Distribution transformer capacity might need to increase 160% to 260% by 2050 compared with 2021 levels to meet demand, according to the NREL.

…Transformers could become a chokepoint. Only about 20% of transformer demand can be met by the domestic supply chain, according to Wood Mackenzie, which also estimated that transformer prices have already risen 70% to 100% since January 2020 because of inflation for raw materials such as electrical steel and copper. Steel is also an essential component of transformers, and notably, Cleveland-Cliffs is the only domestic producer of grain-oriented electrical steel for them. Assuming that Trump moves ahead with 25% tariffs on Canada and Mexico, and imposes tariffs on copper as well, Wood Mackenzie estimates that transformer prices could increase by an additional 8% to 9%.

US Steel endgame is unclear:

https://www.barrons.com/articles/u-s-steel-stock-nippon-5df112b8 Investors appear confused, and no one knows exactly how the U.S. Steel drama will end.

…On Wednesday, Ancora, a Cleveland-based activist investor with about $10 billion in assets under management, held a conference call outlining its plan for the steel maker. Ancora nominated a majority slate of directors on Jan. 27, making a play for control of the company.

…Keeping track of things on the table: U.S. Steel could be sold to Nippon Steel, get an investment from Nippon Steel, be broken up into pieces, merge with Cleveland-Cliffs, or make a go of it as a standalone company investing in existing operations.

https://seekingalpha.com/article/4758457-25-percent-tariffs-on-steel-make-cleveland-cliffs-a-buy

BEST POST EVER.




http://stocktwits.com/free2dream/message/603664324

CLF should have a strong day on Monday in response to the new 25% tariffs on steel (and aluminum):

https://www.cnn.com/2025/02/09/business/trump-tariffs-steel-aluminum

https://www.yourerie.com/news/pennsylvania-news/nippon-steel-to-drop-us-steel-purchase-pursue-investment-trump-says/

https://www.msn.com/en-us/money/economy/trump-nippon-will-heavily-invest-in-us-steel-drops-acquisition-plans/ar-AA1yCmuF

It will pick up soon.

https://www.wsj.com/economy/trade/trump-tariffs-mexico-canada-us-steel-market-a36c3b99

CEO, with CFO son, what it appears holed up, in a bunker of some sort? Why?

https://www.devdiscourse.com/article/politics/3253920-steelworkers-saga-legal-battle-over-149b-us-steel-deal-intensifies

I would not be surprised to hear an announcement of an NLMK deal soon. There has been no news about the deal since May and the value was estimated to be more than $500m.

https://www.realclearmarkets.com/articles/2025/02/05/us_steel_proxy_fight_is_an_extension_of_nippon_debate_1089321.html

Thats the CEO of Cleveland-Cliffs behind the new FBI BOSS.


Check out @SodApOp_PIMPski message on Stocktwits http://stocktwits.com/SodApOp_PIMPski/message/602945298

https://www.recyclingtoday.com/news/cleveland-cliffs-2024-fourth-quarter-loss-tariffs-support-stelco-steel-canada/

https://www.msn.com/en-us/money/top-stocks/cleveland-cliffs-price-target-lowered-to-20-from-21-at-b-riley/ar-AA1yoVtD?ocid=BingNewsVerp