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via gurufocus.comBusiness & Companies

Cliffs Natural Resources Projects Strong Q4 EBITDA Growth on Rising Steel Prices

FROM THE WIRE · GURUFOCUS.COM

On October 19, 2026, Cleveland-Cliffs Inc (NYSE: CLF) announced a sequential increase in its average net selling price to $1,177 per ton for the recent quarter,

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishHigher sequential net selling prices support earnings in the steel and iron ore sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Cleveland-Cliffs announced a sequential increase in its average net selling price.
  2. 02The average net selling price rose to $1,177 per ton for the recent quarter.
  3. 03The company projects strong EBITDA growth in the fourth quarter.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Cleveland-Cliffs Inc.CLFStock14.05 USD+3.00%today +15.97%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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