Cleveland Cliffs stock price ticked higher to $21.12 after U.S. ISM manufacturing data surprised to the upside. Steel equity analysts project moderate short-term upside momentum. Another industry leader, Steel Dynamics, also announced its third-quarter 2025 earnings guidance. The company expects third-quarter earnings to improve in each of its three operating platforms. STLD forecasts earnings in the range of $2.60 to $2.64 per share for the quarter. The third quarter’s profitability in the steel operations is also expected to improve from its sequential second-quarter results, owing to strong shipments and metal spread expansion as scrap raw material costs are expected to decline more than average realized steel pricing. Is PG&E an AI Power Play? Why Options Traders Are Betting Big Hovering around $20.90, Cleveland Cliffs stock price shows resilience amid a mixed broader market. Traders monitor China’s steel output trends, which could influence commodity markets.
Return this item within 90 days of purchase.
Get an immediate answer with AI
AI-generated from the text of manufacturer documentation. To verify or get additional information, please contact The Home Depot customer service.