29
Jan
22:28
Cleveland-Cliffs narrows Q4 loss, forecasts higher 2024 shipments
Cleveland-Cliffs has narrowed its fourth-quarter loss and forecasts slightly higher steel volumes in full-year 2024, Kallanish learns from the company’s earnings release.
The results show the highest-ever steel shipments at Cleveland-Cliffs in 2023 of 16.4 million net tons, aided by record automotive shipments. The Cleveland, Ohio-based company expects to ship 16.5m net tons in 2024.
“Steel demand remained healthy throughout the entire year, wit…
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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