Cleveland-Cliffs Inc. will announce its fourth-quarter and full-year 2022 earnings results before the U.S. market open on Tuesday, February 14, 2023. The Company invites interested parties to listen to a live broadcast of a conference call with securities analysts and institutional investors to discuss the results on February 14, 2023, at 10:00 am ET. The call can be accessed at www.clevelandcliffs.com and will also be [...]
Cleveland-Cliffs Inc. today announced that it has partnered with the United Steelworkers in filing antidumping and countervailing duty petitions against eight countries related to unfairly traded tin and chromium coated sheet steel products . The petitions seek the imposition of antidumping duties on U.S. imports of tin mill products from Canada, China, Germany, the Netherlands, South Korea, Taiwan, Turkey, and the United [...]
Cleveland-Cliffs Inc. today announced that it is increasing current spot market base prices for all carbon hot rolled, cold rolled and coated steel products by a minimum of $50 per net ton, effective immediately with all new orders. To begin 2023, Cliffs has seen increases in both pricing and volume for its automotive steel business, reducing material available to be sold on a spot basis. This latest price increase is in [...]
The Great Lakes Clean Hydrogen coalition today announced it has received encouragement from the U.S. Department of Energy to proceed with the development and submittal of their full hydrogen hub application. The coalition, which is led by Linde , Energy Harbor, Cleveland-Cliffs Inc. , GE Aerospace and the University of Toledo, along with the Glass Manufacturing Industry Council , was among 79 organizations submitting [...]
Cleveland-Cliffs Inc. today announced the following updates on its latest commercial and operational developments. The Company affirmed that, with a large portion of its fixed price contractual volumes already renewed in its most recent negotiating cycles, Cliffs will achieve higher annual fixed prices for steel in the calendar year 2023 compared to 2022. These improved annual fixed prices are independent of the Company's [...]
Cleveland-Cliffs Inc. today announced that it is increasing current spot market base prices for all carbon hot rolled, cold rolled and coated steel products by a minimum of $50 per net ton, effective immediately with all new orders. Cliffs' minimum base price for hot rolled steel is now $750 per net ton. This additional price increase is in response to market feedback following the Company's November price increase, as [...]
Cleveland-Cliffs Inc. today announced that it is introducing the MOTOR-MAX product line of non-oriented electrical steels for high frequency motors and generators in the North American market. Cleveland-Cliffs is raising the standards of steel performance once again with its MOTOR-MAX High Frequency Non-Oriented Electrical Steels brand of electrical steels, which are designed for high speed motors, electric vehicle [...]
Cleveland-Cliffs Inc. announced that its initial phase of research being conducted with funding from the U.S. Department of Energy's Office of Clean Energy Demonstrations is coming to a close. Based on the results of the initial study, Cleveland-Cliffs has submitted an application on Monday, Dec. 5 for funding from the DOE's OCED for the next phase of research for the front-end engineering design for large-scale carbon [...]
Cleveland-Cliffs Inc. today announced that it is increasing current spot market base prices for all carbon hot rolled, cold rolled and coated steel products by a minimum of $60 per ton, effective immediately with all new orders. About Cleveland-Cliffs Inc. Cleveland-Cliffs is the largest flat-rolled steel producer in North America. Founded in 1847 as a mine operator, Cliffs also is the largest manufacturer of iron ore [...]
Energy Harbor along with Linde, GE Aerospace, Cleveland-Cliffs, The University of Toledo and other members of the Great Lakes Clean Hydrogen Partnership today announced they have moved forward with its Department of Energy hydrogen hub application. This new industry-led coalition will transition Midwest manufacturing, mobility, power generation and technology operators away from greenhouse gas emitting feedstocks and [...]
The Great Lakes Clean Hydrogen Partnership comprised of Linde, Energy Harbor, GE Aerospace, Cleveland-Cliffs and the University of Toledo today announced it has moved forward with its Department of Energy hydrogen hub application. This new industry-led coalition will transition Midwest manufacturing, mobility, power generation and technology operators away from greenhouse gas emitting feedstocks and fuels, to hydrogen, a [...]
The Great Lakes Clean Hydrogen Partnership comprised of Linde, Energy Harbor, GE Aerospace, Cleveland-Cliffs and the University of Toledo today announced it has moved forward with its Department of Energy hydrogen hub application. This new industry-led coalition will transition Midwest manufacturing, mobility, power generation and technology operators away from greenhouse gas emitting feedstocks and fuels, to hydrogen, a [...]
