Cleveland-Cliffs appointed Celso L. Goncalves Jr. as President and Chief Financial Officer, and added him to the Board, while Lourenco Goncalves will continue as Chairman and Chief Executive Officer but will no longer hold the title of President.Original SEC Filing: CLEVELAND-CLIFFS INC. [ CLF…
Cleveland‑Cliffs Inc. reported second-quarter 2026 results with revenue of $5226M and a net loss attributable to Cliffs shareholders of $145M (diluted EPS $(0.25)), an improvement versus the year-ago quarter when the company posted $4934M of revenue and a net loss of $486M (EPS $(0.98)).Financial H…
Q2 2026 saw a 6% revenue increase to $5.2B, driven by higher steel prices and improved margins, despite lower shipment volumes. Adjusted EBITDA rose to $286M, and net loss narrowed significantly year-over-year. Management expects continued strong domestic demand, supported by tariffs and strategic…
Q2 2026 saw a return to positive free cash flow and a tripling of adjusted EBITDA sequentially, with strong automotive demand and higher steel prices driving results. Guidance points to even stronger Q3 and Q4 performance, supported by cost reductions, contract resets, and asset sales.Based on Clev…
Cleveland-Cliffs Inc. (NYSE: CLF) today announced that its Board of Directors has promoted Executive Vice President and Chief Financial Officer Celso Goncalves to serve as President and Chief Financial Officer, and appointed him to the Company's Board of Directors, effective immediately. The appoin…
Q2 2026 saw revenues rise to $5.2 billion and adjusted EBITDA triple sequentially, with a return to positive free cash flow and debt reduction. Strong domestic demand, especially in automotive, and improved Canadian market outlook support guidance for record second-half earnings and a leverage targ…
Q2 2026 saw $5.2B in revenue and $286M in Adjusted EBITDA, with strong liquidity and a clear path to leverage targets. Automotive volumes and prices rose, while asset sales and a $400M government contract supported debt reduction and future growth.Original document: Cleveland-Cliffs Inc. [CLF] Slid…
Cleveland-Cliffs Inc. (NYSE: CLF) today reported second-quarter results for the period ended June 30, 2026.Second-Quarter Consolidated ResultsSecond-quarter 2026 consolidated revenues were $5.2 billion, compared to $4.9 billion in the first quarter of 2026.For the second quarter of 2026, the Compan…
