Why Is Cleveland-Cliffs Stock Down 30% In Six Months?
Cliffs(CLF) Forbes·2024-10-24 20:00
KYIV, UKRAINE - 2024/01/24: In this photo illustration, the Cleveland-Cliffs Inc. (CCI) logo is seen ... [+] on a smartphone and a PC screen. (Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesCleveland-Cliffs, a vertically integrated steel mill operator, has seen its stock decline by more than 30% in the last six months. This fall has been primarily due to the adverse business conditions that the industry is going through. Steel prices in t ...