Weekly Recap: Celso Goncalves named President/CFO and hot-rolled coil +19%
Cleveland-Cliffs Inc (NYSE:CLF) promoted Celso Goncalves to President and CFO and added him to the board while CEO Lourenco Goncalves stays, as Q2 saw hot‑rolled coil ASPs jump to $1,124/nt with a shift to higher‑margin mix and multi‑year auto contracts, prompting GLJ to upgrade CLF to Buy and lift…