Cleveland-cliffs INC 8-K filings
NYSE
8-K: Cleveland-Cliffs to Acquire Stelco in $2.5 Billion Deal, Expanding North American Steel Footprint
Cleveland-Cliffs has agreed to acquire Stelco for approximately $2.5 billion, combining cash and stock, to expand its steelmaking operations in North America.
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Janet L. Miller has resigned from the Board of Directors of Cleveland-Cliffs Inc. effective June 28, 2024, for personal reasons.
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Cleveland-Cliffs Inc. held its annual shareholder meeting on May 16, 2024, where all director nominees were elected, executive compensation was approved on an advisory basis, and Deloitte & Touche LLP was ratified as the company's independent auditor.
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Cleveland-Cliffs' subsidiary, Tilden Mining Company, received a mine safety order for a fall protection violation, which it intends to dispute.
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Cleveland-Cliffs reported a mixed first quarter with a net loss but improved adjusted EBITDA, and announced a new $1.5 billion share repurchase program.
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Cleveland-Cliffs' subsidiary, Tilden Mining Company, received a mine safety order for employees working without fall protection, which the company intends to dispute.
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Cleveland-Cliffs' subsidiary, Northshore Mining Company, received and resolved a mine safety order related to an employee working without fall protection.
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Cleveland-Cliffs has issued $825 million in senior unsecured notes due 2032 to refinance existing debt.
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Cleveland-Cliffs has launched an $825 million senior unsecured notes offering and a tender offer to repurchase its 2026 senior secured notes.
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Cleveland-Cliffs reported record steel shipments and significant debt reduction for the full year 2023, despite a decrease in revenue compared to the previous year.