Cleveland-Cliffs Inc Dossier
Outlook & Key Dates
Estimates, guidance, catalysts, and upcoming events
Analyst Estimates Learn more →
Analyst Coverage
10analysts covering
FY Revenue (est.)
$21.4Bnext fiscal year
FY EPS (est.)
-$0.27next fiscal year
Monitoring Framework
Key Performance Indicators
Annual Steel Shipment Volume Quarterly4.1MTarget: 16,500,000 to 17,000,000 net tons
Steel Unit Cost Reduction AnnuallyTarget: Reduction of approximately $10 per net ton
Capital Expenditures AnnuallyTarget: Approximately $700,000,000
Watch Items
- Strategic Partnership Negotiations with POSCOTrigger: Finalization of definitive agreement or update by September 30, 2026Action: Monitor SEC filings and joint press releases for equity ownership structure and investment size details.
- Section 232 Steel Tariffs and Trade Policy ShiftsTrigger: Changes or technical easing of the 50% tariff on bulk steel or derivative productsAction: Assess impact on domestic steel pricing premiums and realized price per ton.
- Reopening of Idled Iron Range MinesTrigger: Improvement in steel demand or company announcement regarding the restart of the two idled minesAction: Monitor earnings calls and press releases for updates on the status of the idled Iron Range mines.
Research as of 19 Jun 2026