NYSE:CLF

Track all markets on TradingView - Prices are not updated in real time
Cleveland-Cliffs Inc. reported fourth-quarter and full-year 2025 results marked by continued losses but signs of operational improvement heading into 2026.

In the fourth quarter, Cleveland-Cliffs posted revenues of $4.3 billion, flat year over year, and steel shipments of 3.8 million net tons. The company reported a GAAP net loss of $235 million, or $0.44 per share, narrower than the $434 million loss a year earlier. Adjusted EBITDA improved to a loss of $21 million from a loss of $81 million in the prior-year quarter. Liquidity stood at $3.3 billion at year-end.

For full-year 2025, revenues declined to $18.6 billion from $19.2 billion in 2024. The company recorded a GAAP net loss of $1.4 billion, or $2.91 per share, compared with a $714 million loss in the prior year. Adjusted EBITDA fell sharply to $37 million from $773 million in 2024, reflecting weak automotive production, an expiring slab contract, and adverse conditions in the Canadian market.

CEO Lourenco Goncalves said conditions improved entering 2026, citing a more constructive U.S. trade environment, cost reductions, extended debt maturities, lower capital expenditures, and new multi-year contracts with major automotive customers. He also highlighted progress on the strategic partnership with POSCO, with both companies targeting a definitive agreement in the first half of 2026.
💬
Author
Global Finance News 02-09-26

Cleveland-Cliffs stock soars after company touts plans to 're-focus' its rare earth mining efforts

Cleveland Cliffs stock soars after ...

(finance.yahoo.com)
💬
Author
WS Investor 10-20-25
Cleveland-Cliffs Issues $275 Million in Additional Senior Notes Due 2034

Cleveland-Cliffs Inc. (NYSE: CLF) announced the issuance of an additional $275 million in 7.625% Senior Guaranteed Notes due 2034. The new notes, sold at 102.75% of par, are part of the same series as the company’s existing $850 million notes issued in September 2025, bringing the total outstanding to $1.125 billion.

Interest on the notes will be paid semi-annually, starting January 15, 2026, with maturity set for January 15, 2034. The company may redeem the notes before 2029 with a make-whole premium, and at lower redemption prices thereafter. Cleveland-Cliffs said proceeds will be used to repay borrowings under its asset-based credit facility.
💬
Author
Global Finance News 10-13-25
Cleveland-Cliffs Adds $275M to 2034 Senior Notes, Plans ABL Paydown

Cleveland-Cliffs Inc. (NYSE: CLF) issued an additional $275 million of its 7.625% Senior Guaranteed Notes due 2034 in a private offering on October 10, 2025, increasing the series to $1.125 billion outstanding. The new notes were priced at 102.75% of par and are fungible with the $850 million initially issued in September.
💬
Author
European Investor 10-11-25
Cleveland-Cliffs Inc. filed Form 8-K/A to amend its previous filing from November 1, 2024, regarding the acquisition of Stelco Holdings Inc. under a statutory plan of arrangement in Canada. The amendment includes financial statements and exhibits required under the reporting rules. It provides audited financial statements of Stelco for 2023 and 2022, unaudited interim financial statements for September 30, 2024, and pro forma combined financial information reflecting the acquisition's impact. The filing also includes the consent of KPMG LLP as independent auditors.
💬
Author
Global Finance News 01-18-25
Video Thumbnail
10-19-26WS News