Cleveland-Cliffs Inc. (CLF) Q1 2026 (USD): EPS -0.42 (exp. -0.43), Revenue 4.92bln (exp. 4.81bln)

Newsquawk StaffPublished 20 Apr 2026, 10:20 UTC

Newsquawk headlinesUTC

Every headline is on the live feed 20 minutes before this site.

Go live — 7 days for $29.99

Go live — 7 days for £24.99

Go live — 7 days for €29.99

10:06

Riksbank's Thedeen says inflation is back on target and the Swedish national debt is low

10:05

A German Finance Ministry spokesperson reiterates that a hostile takeover of Commerzbank (CBK GY) by UniCredit (UCG IM) would be unacceptable

10:00

Cleveland-Cliffs Inc. (CLF) Q1 2026 (USD): EPS -0.42 (exp. -0.43), Revenue 4.92bln (exp. 4.81bln)

09:56

Iraq’s Oil Ministry said exports through the Kirkuk-Ceyhan pipeline will resume within days at 500k BPD, according to Al Jazeera

09:54

China State Planner Head says that officials will help actively increase effective domestic demand; will further enhance supply chain resilience

On the Newsquawk feed at 10:00, 20 minutes before this page.

Use the PlatformFree. No signup, no card.

GUIDANCE

Exec said as we move through the year, each quarter is expected to improve sequentially, as the momentum already visible in order book and pricing continues to translate into earnings and cash flow
Expects to generate healthy positive free cash flow in Q2, marking a return to earnings and cash-generation

COMMENTARY

Exec said results reflected the impact of short-term headwinds like energy prices and price realisation lags

TRADE COMMENTARY

Trade enforcement in the US is working exactly as intended, with steel imports at their lowest levels since the global financial crisis
Continues to request the Canadian government to further enhance its own defenses toward the achievement of what it calls both in Canada and the US 'Fortress North America,' encouraged by the level of understanding demonstrated by key Canadian officials to the urgency of resolving the problem and preserving Canadian jobs currently at risk

MIDDLE EAST COMMENTARY

Ongoing disruption in the Middle East has made Cliffs' competitive position stronger

M&A COMMENTARY

Exec says current situation has not helped the timeline of a potential deal with POSCO, continues to negotiate in good faith within the framework of the MoU toward a transaction

External

Newsquawk Daily

Get both market opens in your inbox.

FX · last 90 days

Recent headlines that moved markets

FX/14 Oct · 12:30 UTC

US Core CPI (Sep MM) 0.3% vs. Exp. 0.2% (Prev. 0.3%).

- USD/JPY, after we published+0.3%

FX/8 Oct · 08:30 UTC

Fed’s Waller (voter) says more rate hikes are likely needed to tame inflation, but there is flexibility over the pace and hikes do not need to be consecutive.

DXY, after we published+0.1%

FX/5 Oct · 11:16 UTC

Japan's GPIF didn't discuss allocation at its September meeting, Bloomberg reports.

Market, after we published+0.1%

FX/29 Sept · 18:00 UTC

Fed's Williams (voter) says sees no need for urgency after Sept rate hike.

- DXY, after we published−0.2%

FX/29 Sept · 05:32 UTC

[PRESS CONFERENCE] RBA Governor Bullock says inflationary pressures to last longer than expected; inflation is driven by domestic capacity pressures; Board will raise rates again if needed.

AUD/USD, after we published−0.6%

FX/28 Sept · 07:56 UTC

Japanese FX Official Mimura says they are closely watching to see if markets take the clear message they are giving at face value. Not satisfied with or reassured by recent JPY action.

Following the commentary USD/JPY, after we published−0.5%

Newsquawk Daily

Get both market opens in your inbox.

This note and the other one — the EU open and the US open, every business day, written by the desk. No account needed.

Make Newsquawk a preferred source on GoogleSelect this to see Newsquawk more often in Top Stories when you search Google.

Free.

No signup, no card.

Use the Platform

Related headlines

The feed had this first.

Use the Platform