23
Apr
21:24
Cleveland-Cliffs pursues cost cuts, forecasts growth in automotive
Cleveland-Cliffs plans to maintain its cost reduction goals for this year while continuing development of two US green steel projects, Kallanish learns during the company’s earnings conference call.
“We indicated that from 2023 to 2024, we're going to achieve a $30/short ton decrease, which equates to kind of a $500 million savings on an annualised basis," executive vice president and chief financial officer Celso Goncalves states in quantifyi…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous