Welcome to our dedicated page for Cleveland-Cliffs news (Ticker: CLF), a resource for investors and traders seeking the latest updates and insights on Cleveland-Cliffs stock.
Cleveland-Cliffs Inc. (CLF) is North America's largest flat-rolled steel producer and a critical supplier to automotive, construction, and energy industries. This dedicated news hub provides investors and industry professionals with timely updates on corporate developments, financial performance, and market positioning.
Access all official press releases and third-party analyses in one centralized location, including earnings announcements, operational expansions, sustainability initiatives, and strategic partnerships. Our curated collection ensures you stay informed about CLF's vertical integration advantages, from iron ore mining to advanced steel solutions.
Key updates cover production innovations, automotive sector contracts, raw material pricing trends, and environmental stewardship programs. Bookmark this page for streamlined tracking of CLF's role in shaping North American industrial supply chains and its responses to evolving market demands.
Cleveland-Cliffs has reached a tentative agreement with the International Association of Machinists and Aerospace Workers (IAM) Local 1943 for a new four-year contract covering approximately 2,100 employees at its Middletown Works steelmaking operations, effective May 15, 2023. CEO Lourenco Goncalves emphasized that this agreement reflects a strong relationship with union partners, which is considered vital for future success. The Middletown Works operation produces various carbon and stainless steels, primarily for the automotive industry. The agreement is pending ratification by IAM local union memberships.
Cleveland-Cliffs is North America's largest flat-rolled steel producer and iron ore pellet manufacturer, with around 27,000 employees in the U.S. and Canada.
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