Cleveland-Cliffs Stock Forecast: Cleveland-Cliffs (NYSE: CLF) is Back to Basics

July 30, 2018

  The article was written by Isabelle Tao, a Financial Analyst at I Know First.

     

Summary

  • Cleveland-Cliffs focused the business back to the iron ore industry in North America

  • High demand for Electric Arc Furnace (EAF) is driving growth

  • With Chinese metals dwindling in the United States after Section 232 is implemented, CLF will only grow more

  • Currently, I Know First algorithm forecast is bullish for CLF in the long-term

 

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