Cleveland-Cliffs Shares Surge 10.4% as Investors Anticipate Positive Q2 Earnings

Reported about 9 hours ago

Cleveland-Cliffs Inc. (NYSE:CLF) experienced a 10.4% rise in its stock price, closing at $9.77 as investor optimism builds ahead of its Q2 earnings announcement on July 21, 2025. The company is expected to benefit from recently imposed tariffs on steel imports, enhancing its competitive pricing against foreign producers. CEO Lourenco Goncalves has expressed confidence in the long-term benefits of these tariffs for American manufacturing.

Source: YAHOO

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