Reported about 22 hours ago
Cleveland-Cliffs reported increased demand for its steel in the third quarter, attributing this boost to the Trump administration's tariffs. The company's sales rose to $4.73 billion, reflecting a favorable trade environment. CEO Lourenco Goncalves announced plans to explore rare-earth mineral production in Michigan and Minnesota, aligning with national strategies to increase domestic production amid ongoing trade tensions with China over these materials.
Source: YAHOO