Jefferies analyst Christopher LaFemina downgraded Cleveland-Cliffs Inc. (NYSE:CLF) to a ‘Hold’ from a ‘Buy.’ The analyst also cut the price target to $6 from $10. The downgrade comes as the stock ...

Given its high leverage, Cleveland Cliffs is the most susceptible ... given increased competition in the market. The report does not specify when changes in the steel market will happen, but ...

On Thursday, Jefferies analyst Christopher LaFemina downgraded Cleveland-Cliffs stock, trading on the New York Stock Exchange (NYSE: CLF), from Buy to Hold, adjusting the price target to $6 from ...

We begin a year ago when the Biden administration in May of 2024 announced a 25 per cent tariff on Chinese steel and a 100 per cent tariff on electric vehicles to protect American jobs against China’s ...

Are you a Cleveland-Cliffs steelworker or another company ... to streamline operations to focus on its core automotive steel market. Steel demand has fallen as both manufacturing and construction ...

It would end up with significant leverage on prices over some customers since there would be a lack of competition. Cleveland-Cliffs already ... doesn't dominate the market anymore.

- US Pres Trump says he will double US steel tariffs from 25% to 50% "to protect American industry", effective on June 4th. - ...

Steelworkers in the Canadian city of Hamilton see President Donald Trump's latest trade war escalation as a wake-up call, ...

The pound headed back towards its highest level in three years against the dollar on Monday amid growing worries over the ...

Shares of domestic steelmakers started the week on a high after President Trump moved to double steel and aluminum tariffs to 50%.