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Will Ashworth

Cleveland-Cliffs Stock Surges, But Long-Term Concerns Loom

Cleveland-Cliffs Stelco CLF Lourenco Goncalves United States Tariffs Nucor Canada CBC NUE

Cleveland-Cliffs (CLF) was a top bullish price surprise on Monday, up 16.34%. The steel producer is having a moment after delivering stronger Q3 2026 results.

If you’re thinking about jumping on the bandwagon, I’ve got several reasons to think twice, chief among them the lack of leadership from its CEO, Lourenço Gonçalves.

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