Cleveland-Cliffs reported low steel demand in 2024, but CEO argues Trump tariffs will create ‘new golden era’ in manufacturing; industry analyst doubts auto impact.
Cleveland-Cliffs' CEO believes tariffs could make America a "manufacturing superpower" again. Shares of Cleveland-based steelmaker Cleveland-Cliffs Inc. flirted with a 20% increase in value on ...
Following recent developments, United States Steel's stock appears to be in a good spot to attract investors' attention in ...
could supply Cleveland-Cliffs' Indiana Harbor Works and Burns Harbor Works steel mills in Northwest Indiana, he said. U.S. Steel originally rejected Cleveland-Cliffs' takeover bid partly because ...
Cleveland-Cliffs expects to bounce back from a tough year for steel in 2024, with orders already showing signs of improving and benefits expected to flow through from the White House's sweeping ...
Should Trump proceed with the new tariffs next month, U.S. steelmakers still face headwinds. Benchmark prices were down 38% ...
Shares of steel producer Cleveland-Cliffs (NYSE: CLF) were moving higher today as steel stocks jumped broadly after President Trump said on Sunday that he would impose 25% tariffs on all steel and ...
Specifically, STLD is part of a group of U.S. steelmakers including Nucor and U.S. Steel that has pushed for antidumping ...
Tariffs on metal imports create opportunities in ETFs focused on U.S. steelmakers. Top picks are VanEck Steel, SPDR S&P ...
If the stock market is any indication, domestic steel and aluminum manufacturers can expect a boost from the 25% import tax on these materials imposed by President Donald Trump. U.S. Steel, Alcoa and ...
The move should raise steel prices and limit competition on domestic producers like Cleveland-Cliffs. Cleveland-Cliffs could acquire U.S. Steel. The news was seen as a positive for U.S. steel ...