Cleveland-Cliffs Executives Report Strong Steel Market Recovery Led by Automotive Sector
Cleveland-Cliffs executives report a substantial recovery in domestic steel demand, particularly from automotive customers. The company’s financial leaders point to changing user behavior following trade measures and have secured significant property sales.
Steel Manufacturer Reports Market Improvement
Executives at Cleveland-Cliffs, a major player in American steelmaking, have indicated they are witnessing what they describe as a significant rebound in domestic steel demand. According to reports from the company’s third-quarter earnings discussion, this recovery appears to be gaining momentum several months after the implementation of new trade measures.