13
Feb
21:30
Cleveland-Cliffs nets $1.4 billion in 2022
US steel and iron ore producer Cleveland-Cliffs hit an all-time revenue record and posted earnings of $1.4 billion in 2022, Kallanish learns from the company’s year-end earnings release.
Cleveland-Cliffs made $1.4 billion on sales of $23 billion, down from earnings of $3 billion on sales of $20.4 billion in 2021. The company attributes the profit slippage to “higher operating costs and lower sales volumes in 2022 compared to 2021, partially offse…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous