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Cleveland-Cliffs Reports Mixed Q3 Results, Shares Rise 1.4%

10/20/2025

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Summary

Story summary

Cleveland-Cliffs Inc. reported mixed Q3 2025 results, with shares up 1.4% to $13.51.
Revenue totaled $4.73 billion, below $4.90 estimate but up 3.6% year over year.
The adjusted loss per share was 45 cents, better than anticipated 48 cents.
Lourenco Goncalves, CEO of Cleveland-Cliffs Inc., attributed a recovery in demand for automotive-grade steel to trade policies.
The company lowered its full-year capital expenditure forecast to $525 million from $600 million.

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Story summary

Cleveland-Cliffs Inc. reported mixed Q3 2025 results, with shares up 1.4% to $13.51.
Revenue totaled $4.73 billion, below $4.90 estimate but up 3.6% year over year.
The adjusted loss per share was 45 cents, better than anticipated 48 cents.
Lourenco Goncalves, CEO of Cleveland-Cliffs Inc., attributed a recovery in demand for automotive-grade steel to trade policies.
The company lowered its full-year capital expenditure forecast to $525 million from $600 million.