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home / news releases / CLF - Cleveland-Cliffs Will Prevail Whatever Happens

CLF - Cleveland-Cliffs Will Prevail Whatever Happens

Cleveland-Cliffs Inc.

2024-04-02 08:40:48 ET

Summary

  • Cleveland-Cliffs faces opposition to its potential acquisition of U.S. Steel due to monopolistic concerns.
  • The company has a strong history of strategic acquisitions and a partnership with the United Steelworkers union.
  • Cleveland-Cliffs has pricing power and the ability to generate positive free cash flow, making it an undervalued investment opportunity.

Cleveland-Cliffs ( CLF ) has stood out since last summer primarily over its contest with Nippon Steel ( OTCPK:NPSCY ) over the fate of U.S. Steel ( X ). Just Friday, automakers spoke out against Cleveland-Cliff's potential acquisition of U.S. Steel, citing monopolistic concerns....

For further details see:

Cleveland-Cliffs Will Prevail, Whatever Happens
Stock Information
Company Name: Cleveland-Cliffs Inc.
Stock Symbol: CLF
Market: NYSE
Website: clevelandcliffs.com
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