Cleveland-Cliffs Stock Skyrockets on Tariff Boom & Rare-Earth Pivot – Price Surges, Key Facts & Forecasts
Q3 Earnings: Tariffs Drive Rebound in Steel Sales Cleveland-Cliffs’ third-quarter 2025 results confirmed a boost in domestic steel demand thanks to protective tariffs. Revenue came in at $4.73 billion, up ~3.6% year-over-year ts2.tech, as shipments rose to 4.0 million tons of steel ts2.tech. This was just below analyst forecasts (~$4.9B) and down slightly from Q2 levels clevelandcliffs.com, but a notable improvement from the stagnant volumes of late 2024. The company still posted a net loss (about -$0.45 per share on an adjusted basis) ts2.tech, similar to a year ago, indicating that while sales are growing, profitability remains challenged. CEO Lourenco Goncalves