Cleveland-Cliffs Inc. (NYSE:CLF) reported second-quarter 2025 results Monday that showed narrowing losses and record steel shipments, as early benefits from its footprint optimization strategy began to materialize.
The steelmaker reported an adjusted loss of 50 cents per share, beating analysts’ expectations for a loss of 70 cents. Revenue totaled $4.93 billion, matching estimates but down from $5.09 billion in the same quarter last year.
