Forecast

The analysts' average price target is +9,81€ (−2,87%). The median is +9,23€ (−8,61%).

Buy	10
Hold	23
Sell	11

News Go to news feed

Cleveland-Cliffs unveils $1 billion Middletown modernisation plan

Cleveland-Cliffs announced a four-year, $1 billion upgrade of its Middletown Works, funded equally by the company and a $500 million U.S. Department of Energy award. The programme will modernise the blast furnace, material-handling systems and introduce AI-enabled process controls plus a cogeneration facility to capture blast furnace gas for power and steam. Management says the project targets higher-value automotive-grade steel, protects about 2,300 jobs and strengthens the domestic supply chain. Shares rose in pre-market trading but Wall Street remains cautious, with a consensus "Hold" rating and an average price target of $12.28. » More on finance.yahoo.com
Cleveland-Cliffs receives $1 billion for plant modernization and benefits from political support

Vice President J.D. Vance and Energy Secretary Chris Wright announced a $1 billion investment in the steel plant in Middletown, to be split equally between Cleveland-Cliffs and a $500 million Department of Energy grant. The project covers blast furnace modernization, material transport systems and AI-driven process control, is set to start in the coming weeks and to be completed by early 2030. During construction up to 1,500 jobs could be created, but the implementation is still subject to an environmental permit from Ohio. The announcement lifted CLF shares by almost 8% and complements earlier positive drivers such as Q2 profit figures and an increased price target from BofA. » More on de.investing.com
Cleveland-Cliffs and U.S. Department of Energy invest $1 billion in Middletown steel mill

Cleveland-Cliffs and the U.S. Department of Energy have finalized a $1 billion modernization of the Middletown plant, redirecting a previously pledged $500 million grant and splitting the financing equally. The four-year project includes conversion of the blast furnace, modern material handling infrastructure, AI-supported process control, and construction of a combined heat and power (CHP) plant to use blast furnace gas for electricity and steam. Work will take place while production continues; the blast furnace conversion is scheduled for completion by Q1 2030. The investment secures about 2,300 jobs and will create more than 1,500 positions at peak construction. » More on de.investing.com

Historical dividends Dividends

All dividend metrics All metrics

In 2020, Cleveland-Cliffs has already paid 0,11€ in dividends. The last payout was in April 2020.

Financials

In the last quarter, Cleveland-Cliffs had revenue of 4.58b€ and net profit of −127.05m€

(EUR)	Jun 2026	YoY
Revenue	+4.58b	9,39%
Gross profit	+170.86m	196,36%
Net profit	−127.05m	69,00%
EBITDA	+288.27m	547,07%

Fundamentals

Metric	Value
Market capitalization	+5.65b€
Number of shares	570.54m
52-week high/low	+14,34€ - +6,64€
Dividends	No
Beta	2,12
P/E ratio	−6,91
PEG ratio	−0,09
P/B ratio	+1,18
P/S ratio	+0,34

Company profile

Cleveland-Cliffs Inc. ist als Flachstahlproduzent in Nordamerika tätig. Das Unternehmen bietet Kohlenstoffstahlprodukte wie warmgewalzte, kaltgewalzte, galvanisch verzinkte, feuerverzinkte, feuerverzinkte, aluminisierte, emaillierte und hochfeste Stahlprodukte, Edelstahlprodukte, Bleche sowie kornorientierte und nicht kornorientierte Elektrostahlprodukte an. Das Unternehmen bietet auch Rohrkomponenten an, darunter Kohlenstoffstahl, Edelstahl und widerstandsgeschweißte Rohre. Darüber hinaus bietet das Unternehmen Weißblechprodukte wie elektrolytisch verzinnte und verchromte Bleche sowie Zinnwalzprodukte, Werkzeuge und Probenahmen, Rohmaterialien, Barren, gewalzte und gegossene Vorblöcke sowie heiß brikettierte Eisenprodukte an. Außerdem besitzt das Unternehmen fünf Eisenerzminen in Minnesota und Michigan. Das Unternehmen beliefert die Automobil-, Infrastruktur- und Fertigungsindustrie, Händler und Verarbeiter sowie Stahlproduzenten. Cleveland-Cliffs Inc. war früher als Cliffs Natural Resources Inc. bekannt und änderte im August 2017 seinen Namen in Cleveland-Cliffs Inc. um. Das Unternehmen wurde 1847 gegründet und hat seinen Hauptsitz in Cleveland, Ohio.

Name	Cleveland-Cliffs
CEO	C. Lourenco Goncalves
Headquarters	Cleveland, oh USA
Website	clevelandcliffs.com
Sector	Materials
Industry	Metals & Mining
IPO	02/21/1973
Employees	25.000