score:69
Chances:
- Cleveland-Cliffs has ratified a new labor contract with the United Steelworkers for its Northshore Mining Operations, ensuring labor stability.
- The company is actively involved in bid attempts and negotiations, indicating an interest in strategic expansion.
- Cleveland-Cliffs has the exclusive rights to bid for U.S. Steel, which could potentially drive future growth and consolidation in the steel industry.
Risks:
- Cleveland-Cliffs’ stock performance has faced volatility, and its recent dip in August may raise concerns among investors.
- The ongoing competition and negotiations with other steel companies pose potential financial and operational risks.
- The fate of Mon Valley Works and other operational challenges could impact the company’s prospects.
Score:69
investment score = chances characters count - risks characters count
References:
- 2023-09-08 Cleveland-Cliffs’ New Labor Contract with the United Steelworkers Ratified for its Northshore Mining Operations
- 2023-09-07 Cleveland-Cliffs (CLF) Dips More Than Broader Markets: What You Should Know
- 2023-09-06 Why Cleveland-Cliffs Stock Fell in August
- 2023-09-05 Focus: Inside Cleveland-Cliffs’ bid to keep U.S. blast furnaces smelting
- 2023-09-05 Cleveland-Cliffs’ bid to keep US blast furnaces smelting
- 2023-09-01 Cleveland-Cliffs (CLF) Gains As Market Dips: What You Should Know
- 2023-08-31 Cleveland-Cliffs (CLF) Stock Sinks As Market Gains: What You Should Know
- 2023-08-31 Cleveland-Cliffs (CLF) Signs Tentative Labor Agreement With USW
- 2023-08-30 U.S. Steel (X) Explores Strategic Alternatives Amid Proposals
- 2023-08-30 Union Negotiations Are Heating Up. Investors Shouldn’t Sweat It.