Cleveland-Cliffs (CLF) Misses Q1 EPS by 2c
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Cleveland-Cliffs Inc. Reports First-Quarter 2020 Results
May 11, 2020 8:00 AM UTCCLEVELAND--(BUSINESS WIRE)-- Cleveland-Cliffs Inc. (NYSE: CLF) today reported first-quarter results for the period ended March 31, 2020.
On March 13, 2020, Cleveland-Cliffs completed the acquisition of AK Steel Holding Corporation ("AK Steel"). The results set forth in this release only consider the operating results of AK Steel for the period from March 13, 2020 through March 31, 2020.
The acquisition of AK Steel has transformed Cleveland-Cliffs into a vertically integrated producer of value-added iron ore and steel products. The Company is now organized according to its differentiated products in two reportable segments - the historical Mining and... More
