El interés en corto de Cleveland-Cliffs da a los inversores una idea del grado en que los inversores apuestan por la caída de las acciones de Cleveland-Cliffs. Los datos de interés en corto se actualizan cada dos semanas.

Cleveland-Cliffs (NYSE:CLF) Bolsa, Informe de interés en corto

CLEVELAND-CLIFFS INC

Cleveland-Cliffs

Cleveland-Cliffs Inc is a flat-rolled steel producer and manufacturer of iron ore pellets in North America. It is organized into four operating segments based on differentiated products, Steelmaking, Tubular, Tooling and Stamping and European Operations, but operates through one reportable segment -Steelmaking. It is vertically integrated from mined raw materials, direct reduced iron, and ferrous scrap to primary steelmaking and downstream finishing, stamping, tooling and tubing. It serves a diverse range of other markets due to its comprehensive offering of flat-rolled steel products. Geographically, it operates in the United States, Canada and other countries. The majority of revenue is from the United States. It is a supplier of steel to the automotive industry in North America.

Sep,18,,2019,Palo,Alto, - ,Ca, - ,Usa,-

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Aquí tienes cinco acciones estadounidenses que podrían llamar la atención de los inversores este jueves: USFD, COP, CLF, BUD y COIN.

5 acciones en el foco este jueves: USFD, COP, CLF, BUD y COIN

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Descubre los análisis de Jim Cramer sobre Home Depot, SoundHound, Hafnia y Cleveland-Cliffs, junto con sus últimas cifras clave.

Jim Cramer analiza acciones clave: Home Depot, SoundHound, Hafnia y Cleveland-Cliffs

Cleveland-Cliffs Inc

Clearfield Inc

CLIFFORD MDERN IVING HLD by CLIFFORD MODERN LIVING HLDGS LTD.

In the last three months, 5 analysts have published ratings on Cleveland-Cliffs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLF#NYSE">CLF</a>), offering a diverse range of perspectives from bullish to bearish.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">1</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">1</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
In the assessment of 12-month price targets, analysts unveil insights for Cleveland-Cliffs, presenting an average target of $9.23, a high estimate of $17.00, and a low estimate of $3.91. This current average represents a 15.17% decrease from the previous average price target of $10.88. 
<img src="https://www.benzinga.com/files/images/story/2025/1750446013_0.png" alt="price target chart" />
<h2>Diving into Analyst Ratings: An In-Depth Exploration</h2>
An in-depth analysis of recent analyst actions unveils how financial experts perceive Cleveland-Cliffs. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Carlos De Alba</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$8.00</td>
<td>$7.50</td>
</tr>
<tr>
<td>Christopher LeFemina</td>
<td>Jefferies</td>
<td>Lowers</td>
<td>Hold</td>
<td>$6.00</td>
<td>$10.00</td>
</tr>
<tr>
<td>Gordon Johnson</td>
<td>GLJ Research</td>
<td>Maintains</td>
<td>Sell</td>
<td>$3.91</td>
<td>$3.91</td>
</tr>
<tr>
<td>Mike Harris</td>
<td>Goldman Sachs</td>
<td>Lowers</td>
<td>Buy</td>
<td>$11.25</td>
<td>$13.00</td>
</tr>
<tr>
<td>Nick Giles</td>
<td>B. Riley Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$17.00</td>
<td>$20.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Cleveland-Cliffs. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Cleveland-Cliffs compared to the broader market.</li>
<li>Price Targets: Delving into movements, analysts provide estimates for the future value of Cleveland-Cliffs's stock. This analysis reveals shifts in analysts' expectations over time.</li>
</ul>
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Cleveland-Cliffs's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/CLF/analyst-ratings?adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Stay up to date on Cleveland-Cliffs analyst ratings.</a>
<h2>Unveiling the Story Behind Cleveland-Cliffs</h2>
Cleveland-Cliffs Inc is a flat-rolled steel producer and manufacturer of iron ore pellets in North America. It is organized into four operating segments based on differentiated products, Steelmaking, Tubular, Tooling and Stamping and European Operations, but operates through one reportable segment -Steelmaking. It is vertically integrated from mined raw materials, direct reduced iron, and ferrous scrap to primary steelmaking and downstream finishing, stamping, tooling and tubing. It serves a diverse range of other markets due to its comprehensive offering of flat-rolled steel products. Geographically, it operates in the United States, Canada and other countries. The majority of revenue is from the United States. It is a supplier of steel to the automotive industry in North America.
<h3>Cleveland-Cliffs's Economic Impact: An Analysis</h3>
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
Decline in Revenue: Over the 3M period, Cleveland-Cliffs faced challenges, resulting in a decline of approximately -10.96% in revenue growth as of 31 March, 2025. This signifies a reduction in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Materials sector.
Net Margin: Cleveland-Cliffs's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of -10.69%, the company may encounter challenges in effective cost control.
Return on Equity (ROE): Cleveland-Cliffs's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of -7.66%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): Cleveland-Cliffs's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of -2.37%, the company may face hurdles in achieving optimal financial returns.
Debt Management: Cleveland-Cliffs's debt-to-equity ratio stands notably higher than the industry average, reaching 1.22. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
<h2>Analyst Ratings: What Are They?</h2>
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Ratings

Where Cleveland-Cliffs Stands With Analysts

Morgan Stanley analyst Carlos De Alba maintains Cleveland-Cliffs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLF#NYSE">CLF</a>) with a Equal-Weight and raises the price target from $7.5 to $8.

Price Target

Morgan Stanley Maintains Equal-Weight on Cleveland-Cliffs, Raises Price Target to $8

Cleveland-Cliffs Inc. (NYSE:<a href="https://www.benzinga.com/stock/CLF#NYSE">CLF</a>) today announced the commissioning of its new state-of-the-art Vertical Stainless Bright Anneal Line at its Coshocton Works facility in Coshocton, Ohio. This $150 million capital investment has been completed and will supply premium stainless steel for high-end automotive and critical appliance applications. The new annealing line uses a 100% hydrogen atmosphere, replacing the conventional acid-based processing, and includes a hydrogen recovery unit to recycle hydrogen and use a 50/50 mix of new and used hydrogen in the process.
To mark the opening, a ribbon cutting ceremony will be held on Wednesday, July 2 at 11:00 a.m. ET at Cliffs' Coshocton Works facility. The event will be attended by key elected officials along with Cleveland-Cliffs' executives, employees, and key customers.

Cleveland-Cliffs Unveils $150M Stainless Steel Line in Ohio With Clean Hydrogen Tech

Steel Dynamics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STLD#NASDAQ">STLD</a>) on Wednesday announced <a target="_blank" href="https://www.benzinga.com/pressreleases/25/06/n45992939/steel-dynamics-provides-second-quarter-2025-earnings-guidance" rel="noreferrer noopener">guidance for second-quarter 2025</a> earnings, projecting between $2.00 and $2.04 per share. The outlook falls short of the $2.64 consensus estimate but improves on the prior quarter&#8217;s $1.44. It also remains below the $2.72 reported in the same period a year ago.
The company anticipates improved profitability from its core steel operations, driven by wider metal spreads and average steel prices rising faster than raw material costs. However, pretax earnings for the segment were reduced by about $32 million due to a noncash write-off of consumable assets.
Also Read: <a target="_blank" href="https://www.benzinga.com/trading-ideas/movers/25/06/45873964/steel-stocks-slide-on-potential-us-mexico-tariff-deal-report" rel="noreferrer noopener">Steel Stocks Slide On Potential US-Mexico Tariff Deal: Report</a>
Steel fabrication earnings are expected to decline quarter-over-quarter due to compressed margins despite stable shipment volumes and rising input costs. Still, the order backlog improved and extends through 2025, supported by manufacturing investment and U.S. infrastructure initiatives.
The company expects steady performance in its metals recycling segment as stronger volumes offset lower pricing.
Also Read: <a href="https://www.benzinga.com/news/earnings/25/04/44939472/steel-dynamics-reports-q1-earnings-revenue-beat-eps-beat-improving-demand-drives-solid-steel-consumption-forecast" target="_blank" rel="noreferrer noopener">Steel Dynamics Reports Q1 Earnings: Revenue Beat, Demand Drives &#8216;Solid&#8217; Steel Consumption Forecast</a>
Commissioning of Steel Dynamics&#8217; new aluminum facilities in Mississippi and Mexico remains on track. First casting milestones were completed earlier this year, and initial shipments are expected by mid-2025.
As of June 11, the company had repurchased $179 million of its common stock, roughly 1% of shares outstanding.
Related ETFs: SPDR S&amp;P Metals and Mining ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XME#NYSE">XME</a>), VanEck Steel ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLX#NYSE">SLX</a>)
Price Action: STLD shares are trading lower by 2.44% at $129.91 premarket at the last check Wednesday.
Read Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/commodities/25/06/45995131/90-of-materials-firms-burned-billions-on-bad-buybacks-meet-the-3-winners" target="_blank" rel="noreferrer noopener">90% Of Materials Firms Burned Billions On Bad Buybacks &#8211; Meet The 3 Winners</a></li>
</ul>

Guidance

Commodities

STLD

Steel Dynamics Sees Q2 Rebound From Q1 But Still Trails Street Forecast

Monopoly maker Hasbro Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HAS#NASDAQ">HAS</a>) announced that it has cut 3% of jobs amid higher tariffs on imports from China. Here&#8217;s a list of five other publicly traded companies that have either reduced their workforce or intend to do so due to the impact of tariffs.
What Happened: After announcing 900 job cuts in December 2023, the Hasbro management told Reuters that it laid off 150 employees or 3% of its workforce in its latest cost-cutting effort on June 18, 2025.
According to its fiscal 2024 annual filing, the company had roughly 4,985 employees globally. The company CEO, Chris Cocks had hinted the same during the first quarter earnings call stating that &#8220;Ultimately, tariffs translate into higher consumer prices, potential job losses as we adjust to absorb increased costs, and reduced profits for our shareholders.&#8221;
He had also said during the same call that the expanded rate on imports from China &#8220;is creating volatility and introducing a range of scenarios for how the year could unfold.&#8221;
Apart from Hasbro, other firms that have reduced their workforce due to tariffs include;
<ul class="wp-block-list">
<li>Stellantis NV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STLA#NYSE">STLA</a>): The automaker announced temporary layoffs of 900 workers across five U.S. facilities due to production pauses at its Canadian and Mexican plants, directly linked to tariffs announced in April 2025.</li>
</ul>
<ul class="wp-block-list">
<li>Cleveland-Cliffs Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLF#NYSE">CLF</a>): The steelmaker laid off 1,230 workers, with 600 job cuts at its Dearborn, Michigan, plant and 630 at two iron ore mines in Minnesota, citing falling automotive demand due to tariffs on steel and auto imports.</li>
</ul>
<ul class="wp-block-list">
<li>United Parcel Service Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UPS#NYSE">UPS</a>): UPS announced expected layoffs of approximately 20,000 workers in 2025, citing "current macro-economic uncertainty" and reduced shipping volumes due to tariffs.</li>
</ul>
<ul class="wp-block-list">
<li>Volvo ADR (OTC:<a class="ticker" href="https://www.benzinga.com/stock/VLVL#OTC">VLVL</a>): The company plans to lay off 550–800 workers at three U.S. facilities over three months, citing market uncertainty and reduced demand due to tariffs.</li>
</ul>
<ul class="wp-block-list">
<li>Deere &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DE#NYSE">DE</a>): The tractor manufacturer laid off 9 workers at its Ankeny, Iowa, facility, as per a Nation of Change <a href="https://www.nationofchange.org/2025/04/07/over-4000-factory-workers-laid-off-as-trump-tariffs-spark-economic-chaos/">report</a>. The company expressed concerns about the impact of tariffs on production costs.</li>
</ul>
See Also: <a href="https://www.benzinga.com/markets/equities/25/06/45971247/trumps-plan-to-take-on-apple-samsung-with-a-smartphone-is-a-fairytale-dan-ives-warns-it-could-be-a-money-loser-for-his-company">Trump&#8217;s Plan To Take On Apple, Samsung With A Smartphone Is A &#8216;Fairytale&#8217;: Dan Ives Warns — It Could Be A Money-Loser For His Company</a>
Why It Matters: President Donald Trump&#8216;s reciprocal tariffs are on pause till July 9 while the administration is trying to strike deals with its trading partners.
Trump declared a <a href="https://www.benzinga.com/news/25/06/45882971/wall-street-eyes-record-highs-as-trump-seals-china-deal-soft-inflation-eases-tariff-jitters">sweeping new trade agreement</a> with China via Truth Social following two days of negotiations in London last week, suggesting major concessions from Beijing and lighter U.S. obligations. 
"Full magnets, and any necessary rare earths, will be supplied, up front, by China," Trump said, adding that the U.S. would reciprocate by allowing Chinese students access to U.S. colleges.
The deal includes a significant tariff shift. The U.S. will continue applying tariffs totaling 55% on selected Chinese imports, while China will impose a 10% tariff rate on U.S. goods.
Price Action: The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, fell on Tuesday. The SPY was down 0.85% at $597.53, while the QQQ declined 0.98% to $529.08, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
Read Next:
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<li><a href="https://www.benzinga.com/markets/equities/25/06/45969197/mark-cuban-floats-bold-healthcare-plan-zero-premiums-to-insurance-companies-with-a-cash-pay-revolution">Mark Cuban Floats Bold Healthcare Plan: &#8216;Zero Premiums To Insurance Companies&#8217; With A Cash-Pay Revolution</a></li>
</ul>
Photo courtesy: Kobby Dagan / Shutterstock.com

Equities

STLA

VLVL

Trump's Tariffs Trigger Layoffs: Monopoly Maker Hasbro Slashes Jobs — These Companies Are Cutting Too

The S&amp;P Steel Index is gaining in 2025, buoyed by a combination of tariff leverage, robust balance sheets, and strong returns on capital.
Year to date, the S&amp;P Steel Sub-Industry Index is up 8.40% as of June 12, as the US steel sector stabilizes. It has room to grow over the short term after President Trump's decision to double US steel tariff imports from 25% to 50% as of June 4, 2025, following a new executive order.
But tariffs aren&#8217;t the only reason steel stocks are rising.
The trade policy shift, announced in late May during a rally at a U.S. Steel factory near Pittsburgh, immediately sent steel stocks soaring, with Cleveland-Cliffs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLF#NYSE">CLF</a>) rising 26% in a single day following the announcement, while Steel Dynamics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STLD#NASDAQ">STLD</a>) and Nucor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NUE#NYSE">NUE</a>) saw gains of 10-11%. "The tariffs effectively raise the price floor for steel in the U.S. market by making imported steel significantly more expensive," said Tracy Shuchart, senior economist at NinjaTrader in New York City. "According to market data, benchmark steel prices have already increased from $725 per metric ton before the tariff announcement to $875 per metric ton currently."
It&#8217;s not only tariffs that are supporting steel industry gains.
"Steel's rally is a mix of short-term catalysts and long-term structural forces," said Dan Buckley, chief analyst at DayTrading.com. "US tariffs are boosting expectations for domestic producers, while sustained federal spending on infrastructure and reshoring is aiding durable demand."
"Add in supply chain restocking, auto sector recovery, and disciplined capital returns from top players like Nucor and Steel Dynamics, and the sector is showing a more stable profile," Buckley added.
The tariff portion of that equation may not have a long shelf life, so investors should proceed cautiously. Talks between the U.S. and Mexico are already underway to curb the 50% tariff figure.
"For example, the two countries are exploring a quota system that would allow a specific amount of Mexican steel to enter the U.S. duty-free or at lower rates, with only excess amounts subject to the full 50% levy," Shuchart noted. "This negotiation explains why some steel stocks like Nucor fell 6.1% on June 11, as investors reacted to the possibility of tariff exemptions. The European Union has also strongly opposed the increased tariffs, warning of potential countermeasures."
<h2 class="wp-block-heading">Benzinga Exclusive: Master Trader Reveals ‘Power Patterns' Behind 100% Gains</h2>
For the last decade, these three "Power Patterns" have delivered winning trades during the summer &#8211; one an astonishing 90% of the time. Now they're firing up again over the next 75 days. Want a 30-year veteran trader to show you how to play them? See <a href="https://events2.benzinga.com/power-pattern-profits-live/?utm_campaign=power-pattern-registration&amp;utm_adType=sponsorad&amp;utm_ad=RD061625&amp;he={{email}}&amp;adt_ei={{email}}&amp;utm_medium=newsletter&amp;el=ResearchDaily">HERE</a> How a Master Trader Plays These "Power Patterns"
Investors should factor in other supportive steel sector impactors also driving industry stocks forward. Shuchart points to infrastructure investment, where ongoing and planned infrastructure projects drive demand for steel products across the United States.
Domestic construction activity is up, too, and in high-growth areas.
"Despite higher interest rates, commercial construction remains relatively robust, supporting demand for structural steel," Shuchart said. "Additionally, key steel-consuming industries like automotive and machinery manufacturing have shown surprising resilience in 2025, and the expansion of renewable energy infrastructure requires significant steel inputs, creating a new demand source for the industry.&#8221;
With a strong tailwind from U.S. government policy and solid fundamentals from the steel sector in place, which steel stocks make the most sense for investors right now? These three steel plays could add a profitable element to your portfolio.
<h2 class="wp-block-heading">Nucor</h2>
Trading at $121 per share and 4.4% over the past month, Charlotte, N.C.-based Nucor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NUE#NYSE">NUE</a>), a steel products manufacturer, also offers a sturdy 1.82% dividend yield.
"Despite recent volatility due to potential Mexico tariff negotiations, Nucor remains the premier U.S. steel producer with industry-leading margins, a strong balance sheet, and consistent dividend growth," Shuchar said. "Its EAF production model provides cost flexibility, and its diverse product mix offers exposure to multiple end markets."
<h2 class="wp-block-heading">Steel Dynamics</h2>
At $133 per share and with a 1.50% dividend yield, Steel Dynamics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STLD#NASDAQ">STLD</a>) is up a healthy 16.7% year to date. However, the stock (like Nucor) is down moderately this week after the US-Mexico tariff negotiations went public. Wall Street is buzzing over those talks, which could center on reducing or even removing the 50% tariffs to a lower amount based on historical trade volumes.
Yet there's a lot to like about Steel Dynamics, which, like Nucor, offers investors operational efficiency and one of the lowest production cost structures in the industry. "The company has been expanding its value-added product portfolio, which should support margins even if base steel prices moderate," Shuchar said.
<h2 class="wp-block-heading">ArcelorMittal</h2>
Buckley is bullish on the Luxembourg-based ArcelorMittal (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MT#NYSE">MT</a>), which engages in steelmaking and mining activity. "MT adds global diversification" to the manufacturing section of an investment portfolio," Buckley said. MT shares are up 30.6% year to date at $30 per share with a 1.55% dividend yield.
MT could also benefit from Nippon Steel's purchase of US Steel. Under an agreement inked in October 2024, ArcelorMittal is set up to purchase Nippon's 50% share in a joint venture deal for $1. In addition, MT will deep-six $1 billion of joint venture shareholder loans in an agreement that JP Morgan analyst Dominic O'Kane called a "major positive" for ArcelorMittal.
<h2 class="wp-block-heading">Look for Solid Fundamentals with Steel Stocks</h2>
Don't hit any "buy" buttons on steel stocks until you grasp a company's underlying fundamentals, even if the tariff wars seem to be working out in your favor.
Buckley said investors should prioritize key factors with steel companies. In his view, the best steel investments combine:
<ul class="wp-block-list">
<li>Cost-efficient production.</li>
<li>Strong returns on capital.</li>
<li>Strong balance sheets (i.e., low net debt, high-interest coverage, ample cash reserves, stable working capital, prudent capital expenditure discipline).</li>
<li>Quality net margins (i.e., a ~5% net margin is a solid baseline for this sector, and a 7- 10% range is excellent).</li>
</ul>
"Industry companies with high-margin, value-added products and sustainable dividend growth are best, rather than chasing commodity pricing volatility compared to the overall market," Buckley said. "Overall, steel stocks are less about chasing trends and more about aligning with the economic security playbook we're seeing as a geopolitical theme."
Editorial content from our expert contributors is intended to be information for the general public and not individualized investment advice. Editors/contributors are presenting their individual opinions and strategies, which are neither expressly nor impliedly approved or endorsed by Benzinga.
Photo: Shutterstock

Opinion

3 Steel Stocks To Get You Through The Market's Troubles

Shares of domestic steel producers, including Cleveland-Cliffs Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLF#NYSE">CLF</a>), faced significant downward pressure Wednesday morning following reports of a potential trade deal between the United States and Mexico. The proposal would see the removal of the Trump Administration&#8217;s 50% tariffs on Mexican <a href="https://www.benzinga.com/markets/tech/25/06/45786145/trumps-50-steel-tariff-could-drive-up-the-costs-for-automakers-almost-2000-of-cost-for-each-car">steel imports</a> up to a certain quota.
What To Know: The tentative agreement, <a href="https://www.bloomberg.com/news/articles/2025-06-10/us-and-mexico-near-deal-to-cut-steel-duties-and-cap-imports">reportedly</a> being spearheaded by Commerce Secretary Howard Lutnick, aims to establish a cap on tariff-free steel imports based on historical trade volumes. This development marks a potential reversal of the steep tariffs announced at the end of May, which were intended to bolster the American steel industry. 
While the deal still requires final approval from President Donald Trump, the prospect of increased import competition has sent ripples through the steel sector.
The market reaction was swift, with investors selling off shares in major U.S. steel companies late Tuesday. The move reflects concerns that an influx of tariff-free Mexican steel could lead to oversupply and depress domestic prices, impacting profitability for companies like Cleveland-Cliffs.
Price Action: According to data from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>, shares of Cleveland-Cliffs were trading down 7.98% at $7.38 Wednesday morning. The stock also has a significant short interest, with 32.57% of the float being sold short.
Read Also: <a href="https://www.benzinga.com/markets/economic-data/25/06/45881899/inflation-resumes-climb-in-may-but-tariffs-have-yet-to-hit-consumers">Inflation Resumes Climb In May, But Tariffs Have Yet To Hit Consumers</a>
<h2 class="wp-block-heading">How To Buy CLF Stock</h2>
Besides going to a brokerage platform to purchase a share &#8211; or fractional share &#8211; of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument. 
For example, in Cleveland-Cliffs&#8217; case, it is in the Materials sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.
According to data from Benzinga Pro, CLF has a 52-week high of $16.47 and a 52-week low of $5.63.

Cleveland-Cliffs (CLF) Stock Tumbles On US-Mexico Steel Tariff Deal Report

U.S. stock futures were lower this morning, with the Dow futures falling around 0.2% points on Wednesday.
Shares of GameStop Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>) fell sharply in today's pre-market trading as the company posted results <a href="https://www.benzinga.com/quote/GME/earnings">for its first quarter.</a>
GameStop reported first-quarter revenue of $732.4 million, missing analyst estimates of $754.24 million. The company reported first-quarter adjusted earnings of 17 cents per share, beating analyst estimates of four cents per share, according to Benzinga Pro.
GameStop shares dipped 4.9% to $28.68 in the pre-market trading session.
Here are some other stocks moving lower in pre-market trading.
<ul class="wp-block-list">
<li>American Superconductor Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMSC#NASDAQ">AMSC</a>) shares dipped 14.3% to $29.54 in pre-market trading after the company announced a proposed public offering of common stock.</li>
<li>GlycoMimetics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLYC#NASDAQ">GLYC</a>) fell 13.4% to $0.1475 in pre-market trading.</li>
<li>GitLab Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GTLB#NASDAQ">GTLB</a>) fell 12.4% to $42.50 in pre-market trading after the company reported first-quarter financial results and issued second-quarter sales guidance with its midpoint below estimates.</li>
<li>Arrive AI Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARAI#NASDAQ">ARAI</a>) shares dipped 9% to $9.33 in pre-market trading. Arrive AI shares jumped over 62% on Tuesday after the company announced it obtained another patent for its AI-powered smart mailbox platform designed for autonomous and conventional package delivery.</li>
<li>Sunrun Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUN#NASDAQ">RUN</a>) declined 7.9% to $8.16 in pre-market trading.</li>
<li>Twin Hospitality Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TWNP#NASDAQ">TWNP</a>) dipped 7.8% to $5.93 in pre-market trading.</li>
<li>Cleveland-Cliffs Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLF#NYSE">CLF</a>) declined 7.4% to $7.44 in pre-market trading. Shares of steel companies moved lower following reports the U.S. and Mexico are nearing a deal that would remove the Trump Administration's tariffs on steel imports.</li>
<li>Tenet Healthcare Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/THC#NYSE">THC</a>) fell 7% to $145.50 in pre-market trading after declining more than 5% on Tuesday.</li>
</ul>
Now Read This: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/trading-ideas/short-ideas/25/06/45858699/top-2-tech-and-telecom-stocks-you-may-want-to-dump-in-q2">Top 2 Tech And Telecom Stocks You May Want To Dump In Q2</a> </li>
</ul>
Photo via Shutterstock

Movers

AMSC

ARAI

GLYC

GTLB

TWNP

GameStop Posts Weak Revenue, Joins American Superconductor, GitLab And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session

WIIM

Shares of steel companies are trading lower following a report suggesting the US and Mexico are nearing a deal that would remove the Trump Administration's 50% tariffs on steel imports up to a certain volume.

Shares of Stitch Fix, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SFIX#NASDAQ">SFIX</a>) rose sharply in today's pre-market trading after the company posted <a href="https://www.benzinga.com/quote/FIX/earnings">better-than-expected results for its third quarter.</a>
Stitch Fix reported quarterly losses of six cents per share, which beat the analyst consensus estimate of losses of 11 cents per share. Quarterly revenue came in at $325.02 million, beating the $314.44 million consensus estimate.
Stitch Fix shares jumped 8.4% to $5.19 in the pre-market trading session.
Here are some other stocks moving in pre-market trading.
<h3 class="wp-block-heading">Gainers</h3>
<ul class="wp-block-list">
<li>Catheter Precision, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VTAK#NYSE">VTAK</a>) surged 101.9% to $0.46 in pre-market trading after the company received CE Mark approval for advanced vascular closure device LockeT.</li>
<li>INNEOVA Holdings Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INEO#NASDAQ">INEO</a>) shares jumped 81.9% to $2.11 in pre-market trading.</li>
<li>FST Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KBSX#NASDAQ">KBSX</a>) jumped 61% to $2.51 in pre-market trading.</li>
<li>Vaxart, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VXRT#NASDAQ">VXRT</a>) gained 49.7% to $0.5877 in pre-market trading after it said that it will reveal the first-ever oral norovirus vaccine trial results on Wednesday.</li>
<li>ZW Data Action Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CNET#NASDAQ">CNET</a>) climbed 41.5% to $1.79 in pre-market trading after the company announced it issued 358,424 restricted shares to investors for $3.00 per share with the total gross proceeds amounting to approximately $1,075,272</li>
<li>NuCana plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NCNA#NASDAQ">NCNA</a>) rose 38.5% to $0.1988 in pre-market trading after jumping 88% on Tuesday.</li>
<li>Imunon, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IMNN#NASDAQ">IMNN</a>) rose 16.1% to $1.88 in pre-market trading after jumping 22% on Tuesday.</li>
<li>YSX Tech. Co., Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/YSXT#NASDAQ">YSXT</a>) surged 12.7% to $5.70 in pre-market trading.</li>
<li>Getty Images Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GETY#NYSE">GETY</a>) gained 10.7% to $1.87 in pre-market trading. At a special meeting on Tuesday, Shutterstock's shareholders approved the adoption of the merger agreement between the company and Getty Images, with approximately 82% voting in favor.</li>
</ul>
<h3 class="wp-block-heading">Losers</h3>
<ul class="wp-block-list">
<li>Graphjet Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GTI#NASDAQ">GTI</a>) shares tumbled 37.3% to $0.0545 in pre-market trading after receiving a delisting notice from Nasdaq on June 4.</li>
<li>Carisma Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CARM#NASDAQ">CARM</a>) dipped 32.5% to $0.7505 in pre-market trading after jumping 389% on Tuesday.</li>
<li>Senmiao Technology Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AIHS#NASDAQ">AIHS</a>) shares fell 18.7% to $1.14 in pre-market trading after jumping 28% on Tuesday.</li>
<li>Gelteq Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GELS#NASDAQ">GELS</a>) declined 18% to $2.42 in pre-market trading. Gelteq shares jumped 79% on Tuesday after the company announced it expanded its U.S. commercial strategy through an exclusive logistics and distribution agreement with Healthy Extracts.</li>
<li>Draganfly Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DPRO#NASDAQ">DPRO</a>) declined 17.5% to $3.06 in pre-market trading after gaining 11% on Tuesday.</li>
<li>American Superconductor Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMSC#NASDAQ">AMSC</a>) fell 14.3% to $29.54 in pre-market trading after the company announced a proposed public offering of common stock.</li>
<li>GlycoMimetics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLYC#NASDAQ">GLYC</a>) dipped 13.4% to $0.1475 in pre-market trading.</li>
<li>GitLab Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GTLB#NASDAQ">GTLB</a>) declined 12.4% to $42.50 in pre-market trading after the company reported first-quarter financial results and issued second-quarter sales guidance with its midpoint below estimates.</li>
<li>Arrive AI Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARAI#NASDAQ">ARAI</a>) fell 9% to $9.33 in pre-market trading. Arrive AI shares jumped over 62% on Tuesday after the company announced it obtained another patent for its AI-powered smart mailbox platform designed for autonomous and conventional package delivery</li>
<li>Cleveland-Cliffs Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLF#NYSE">CLF</a>) fell 7.4% to $7.44 in pre-market trading. Shares of steel companies moved lower following reports the U.S. and Mexico are nearing a deal that would remove the Trump Administration's tariffs on steel imports.</li>
</ul>
Now Read This:<a href="https://www.benzinga.com/trading-ideas/short-ideas/25/06/45858699/top-2-tech-and-telecom-stocks-you-may-want-to-dump-in-q2"> </a>
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/trading-ideas/short-ideas/25/06/45858699/top-2-tech-and-telecom-stocks-you-may-want-to-dump-in-q2">Top 2 Tech And Telecom Stocks You May Want To Dump In Q2</a> </li>
</ul>
Photo via Shutterstock

AIHS

CARM

CNET

DPRO

GELS

GETY

IMNN

INEO

KBSX

NCNA

SFIX

VTAK

VXRT

YSXT

Why Stitch Fix Shares Are Trading Higher By Over 8%; Here Are 20 Stocks Moving Premarket

Shares of steel companies are moving lower in Tuesday&#8217;s after-hours session following reports the U.S. and Mexico are nearing a deal that would remove the Trump Administration&#8217;s tariffs <a href="https://www.benzinga.com/markets/tech/25/06/45786145/trumps-50-steel-tariff-could-drive-up-the-costs-for-automakers-almost-2000-of-cost-for-each-car">on steel imports</a>.
What To Know: The U.S. and Mexico could soon announce an agreement that would see President Donald Trump&#8217;s 50% tariffs on steel imports removed up to a specified amount based on historical trade volumes, <a href="https://www.bloomberg.com/news/articles/2025-06-10/us-and-mexico-near-deal-to-cut-steel-duties-and-cap-imports">Bloomberg</a> reported on Tuesday. 
People familiar with the matter reportedly said Commerce Secretary Howard Lutnick is leading talks on the potential deal, which would still need to be approved by Trump. Trump negotiated a similar deal during his first term. This time around, the cap on tariff-free trade would reportedly be higher. 
The news comes after Trump&nbsp;<a href="https://truthsocial.com/@realDonaldTrump/posts/114599330494282325" target="_blank" rel="noreferrer noopener">announced</a>&nbsp;at the end of May that he would raise steel tariffs from 25% to 50% in an effort to protect the U.S. steel industry.
"Our steel and aluminum industries are coming back like never before. This will be yet another BIG jolt of great news for our wonderful steel and aluminum workers," Trump said in a post on Truth Social last month. 
Several steel stocks were trading lower in Tuesday&#8217;s after-hours session following the news, led by Cleveland-Cliffs Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLF#NYSE">CLF</a>), which was down 7.86% at last check. Nucor Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NUE#NYSE">NUE</a>) shares were down about 5.76% and shares of Steel Dynamics Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STLD#NASDAQ">STLD</a>) were sliding about 2.85% at the time of publication, per <a href="http://pro.benzinga.com">Benzinga Pro</a>. United States Steel Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/X#NYSE">X</a>), which is expected to be acquired by Japan&#8217;s Nippon Steel Corp, was down about 0.20%.
Bloomberg reported that the U.S. imported about 3.2 million metric tons of steel from Mexico in 2024. 
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/equities/25/06/45841311/trumps-steel-tariffs-hits-straight-on-fords-core-analyst-sees-higher-input-costs-and-eroding-pricing-power-for-tesla-rival">Trump&#8217;s Steel Tariffs &#8216;Hits Straight On Ford&#8217;s Core:&#8217; Analyst Sees Higher Input Costs And Eroding Pricing Power For Tesla Rival</a></li>
</ul>
Photo: saweang.w/Shutterstock.

Government

Global

After-Hours Center

Steel Stocks Slide On Potential US-Mexico Tariff Deal: Report

<a href="https://www.bloomberg.com/news/articles/2025-06-10/us-and-mexico-near-deal-to-cut-steel-duties-and-cap-imports" title="https://www.bloomberg.com/news/articles/2025-06-10/us-and-mexico-near-deal-to-cut-steel-duties-and-cap-imports">https://www.bloomberg.com/news/articles/2025-06-10/us-and-mexico-near-deal-to-cut-steel-duties-and-cap-imports</a>

Macro Economic Events

Politics

Economics

General

'U.S., Mexico Are Closing In On A Deal That Would Remove President Donald Trump's 50% Tariffs On Steel Imports Up To A Certain Volume' - Bloomberg News

<a href="https://www.benzinga.com/money/best-steel-stocks">Steel stocks are</a> back in the spotlight, and it's not just the furnaces heating up. Since President Donald Trump's late-May announcement of 50% tariffs on imported steel, the sector has re-rated sharply, with JPMorgan highlighting Nucor Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NUE#NYSE">NUE</a>) as the top pick with a potential 67% upside.
Analyst Bill Peterson says Nucor is best positioned to ride out the latest tariff wave, thanks to its product diversification and lower exposure to value-add sheet, which has recently underperformed. Plate and rebar prices, where Nucor has more skin in the game, are holding up stronger and could provide incremental upside heading into 2026.
Read Also: <a href="https://www.benzinga.com/trading-ideas/long-ideas/25/06/45790624/exclusive-tariff-titans-why-cleveland-cliffs-nucor-steel-dynamics-could-outmuscle-the-competition" target="_blank" rel="noreferrer noopener">EXCLUSIVE: Tariff Titans &#8211; Why Cleveland-Cliffs, Nucor, Steel Dynamics Could Outmuscle The Competition</a>
<h2 class="wp-block-heading">Tariff Storm Blowing Cleveland, Steel Dynamics, Commercial Metals Too</h2>
The broader sector isn't celebrating just yet. Investors remain cautious, sensing tariff exemptions may still be on the table &#8211; particularly for USMCA partners Canada and Mexico. But that hasn&#8217;t stopped a short-term pop: NUE is up 10% since the tariffs were announced, outpacing Cleveland-Cliffs Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLF#NYSE">CLF</a>), Steel Dynamics Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STLD#NASDAQ">STLD</a>) and Commercial Metals Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMC#NYSE">CMC</a>).
JPMorgan isn't expecting a summer rally for steel prices. However, the bank sees a firming price floor, especially with scrap costs easing and mill utilization rising.
<h2 class="wp-block-heading">Why Nucor Leads The Pack?</h2>
Under a scenario with hot-rolled coil stabilizing at $925/ton and rebar near $900/ton, Peterson sees Nucor pulling ahead of the pack. 
Utilization upside also favors Nucor, which was running at 80% in the first quarter—compared to Steel Dynamics&#8217; 89% and U.S. Steel Corp's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/X#NYSE">X</a>) Flat-Rolled division&#8217;s just 65%.
Steel investors are now facing a tale of two narratives: near-term caution versus long-term potential. 
For Peterson, the long game still favors Nucor, especially if the tariffs hold and restocking kicks in later this year.
Read Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/commodities/25/06/45794273/exclusive-ford-gm-just-hit-a-tariff-wall-will-margins-crumple-on-cost-pressures" target="_blank" rel="noreferrer noopener">EXCLUSIVE: Ford, GM Just Hit A Tariff Wall &#8211; Will Margins Crumple On Cost Pressures?</a></li>
</ul>
Image: Shutterstock

Analyst Color

Nucor Tops JPMorgan's Metals List, Eyes 67% Surge Thanks To Tariffs

These ten mid-cap stocks were the best performers in the last week. Are they in your portfolio?
<ol class="wp-block-list">
<li>Applied Digital Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APLD#NASDAQ">APLD</a>) shares escalated 102.93% following the announcement of a long-term <a href="https://www.benzinga.com//node/45817409" target="_blank" rel="noreferrer noopener">infrastructure agreement with</a> AI hyperscaler CoreWeave Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWV#NASDAQ">CRWV</a>).</li>
<li>Kymera Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KYMR#NASDAQ">KYMR</a>) stock jumped 60.66%. The company revealed clinical results from the Phase 1 healthy volunteer study of KT-621, its first-in-class <a href="https://www.benzinga.com//node/45724030" target="_blank" rel="noreferrer noopener">oral STAT6 degrader medicine</a>. Morgan Stanley and B. Riley Securities upgraded the stock to Overweight and Buy, respectively, and the company <a href="https://www.benzinga.com/quote/kymr/analyst-ratings" target="_blank" rel="noreferrer noopener">received several price forecast bumps</a>.</li>
<li>First Majestic Silver Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AG#NYSE">AG</a>) stock increased 34.04% last week, when Silver rocketed past $35.60 an ounce Thursday, a level last seen in 2012. Gold bull Peter Schiff <a href="https://www.benzinga.com//node/45792880" target="_blank" rel="noreferrer noopener">says it's just warming up</a>.</li>
<li>AIFU Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AIFU#NASDAQ">AIFU</a>) shares rose 31.78%.</li>
<li>Recursion Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RXRX#NASDAQ">RXRX</a>) shares increased 31.34% after the company announced the launch of <a href="https://www.benzinga.com//node/45814396" target="_blank" rel="noreferrer noopener">Boltz-2 in partnership with MIT</a>.</li>
<li>Cleveland-Cliffs Inc.'s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLF#NYSE">CLF</a>) stock grew 30.36% after U.S. President Donald Trump announced <a href="https://www.benzinga.com//node/45724684" target="_blank" rel="noreferrer noopener">plans to double steel tariffs</a>.</li>
<li>Zai Lab Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZLAB#NASDAQ">ZLAB</a>) shares upped 26.44%. The company and NovoCure Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVCR#NASDAQ">NVCR</a>) revealed additional data on Saturday from the Phase 3 PANOVA-3 trial of Tumor Treating Fields (TTFields) <a href="https://www.benzinga.com//node/45730717" target="_blank" rel="noreferrer noopener">therapy for pancreatic cancer</a>.</li>
<li>Blueprint Medicines Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BPMC#NASDAQ">BPMC</a>) stock rose 26.15% after the company announced that Sanofi SA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNY#NASDAQ">SNY</a>) <a href="https://www.benzinga.com//node/45719179" target="_blank" rel="noreferrer noopener">would acquire them for $9.5 billion</a>.</li>
<li>Sezzle Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEZL#NASDAQ">SEZL</a>) stock escalated 23.78% last week.</li>
<li>Riot Platforms, Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIOT#NASDAQ">RIOT</a>) stock rose 22.06%. The company mined 514 bitcoin in May, up 11% month over month and <a href="https://www.benzinga.com//node/45752589" target="_blank" rel="noreferrer noopener">139% year over year</a>.</li>
</ol>
Photo by T. Schneider via Shutterstock

Mid Cap

AIFU

APLD

BPMC

CRWV

KYMR

NVCR

RIOT

RXRX

SEZL

ZLAB

Applied Digital And Riot Platforms Are Among Top 10 Mid-Cap Gainers Last Week (Jun 2-Jun 6): Are The Others In Your Portfolio?

Detroit&#8217;s automakers are hitting speed bumps &#8211; and they're made of steel. Ford Motor Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>) and General Motors Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) tumbled 3.7% and 4.1% respectively on the day the U.S. announced <a href="https://www.benzinga.com/news/topics/25/05/45708977/trump-doubles-steel-tariffs-to-50-saying-it-will-secure-american-jobs-backs-us-steels-takeover-by-japans-nippon">50% tariffs on imported steel</a> and aluminum. 
The market didn't wait for earnings calls &#8211; investors immediately priced in the hit to margins.
<h2 class="wp-block-heading">Steel Tariffs Could Add $200-$400 To Per Vehicle Cost</h2>
Tracy Shuchart of NinjaTrader says these fears are justified. &#8220;Steel and aluminum represent 15–20% of total vehicle production costs,&#8221; she said in exclusive insights shared with Benzinga over an email interview. &#8220;For a typical mid-size sedan, we&#8217;re looking at roughly $800–$1,200 in steel content per vehicle. A 50% tariff could easily add $200–400 to vehicle production costs.&#8221;
Read Also: <a href="https://www.benzinga.com/markets/tech/25/06/45786145/trumps-50-steel-tariff-could-drive-up-the-costs-for-automakers-almost-2000-of-cost-for-each-car">Trump&#8217;s 50% Steel Tariff Could Drive Up The Costs For Automakers: &#8216;Almost $2,000 Of Cost For Each Car&#8217;</a>
<h2 class="wp-block-heading">Why Ford, GM Investors Should Brace For Impact?</h2>
Ford and GM are particularly vulnerable because of their long-term supply agreements with Canadian steelmakers, who now face full tariffs. While domestic producers celebrate, automakers will need to renegotiate contracts, seek alternative supply chains, or pass costs onto consumers &#8211; a tough sell in an already competitive EV market.
&#8220;Ford and GM are particularly vulnerable because they source significant steel volumes from Canada under existing supply agreements that will now face the full tariff impact,&#8221; Shuchart said.
Investors who believe these pressures may persist might consider short-term hedges or adding exposure to raw material producers like Cleveland-Cliffs Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLF#NYSE">CLF</a>) and Steel Dynamics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STLD#NASDAQ">STLD</a>) instead.
For ETF-watchers, the Global X U.S. Infrastructure Development ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAVE#NYSE">PAVE</a>) offers a blend of industrials and materials exposure that may benefit from rising domestic steel prices.
With tariff-driven cost inflation now a reality, automakers will need to prove they can protect margins without stalling innovation. Until then, the road ahead looks steep.
Read Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/commodities/25/06/45766967/us-aluminum-tariffs-risk-supply-chain-and-food-security-industry-insiders-warn">US Aluminum Tariffs Risk Supply Chain And Food Security, Industry Insiders Warn</a></li>
</ul>
Image created using artificial intelligence via Midjourney.

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EXCLUSIVE: Ford, GM Just Hit A Tariff Wall - Will Margins Crumple On Cost Pressures?

Steel tariffs are back with a bang, and investors are already positioning for the winners. As the U.S. slaps a <a href="https://www.benzinga.com/news/topics/25/05/45708977/trump-doubles-steel-tariffs-to-50-saying-it-will-secure-american-jobs-backs-us-steels-takeover-by-japans-nippon" target="_blank" rel="noreferrer noopener">prohibitive 50% tariff</a> on imported steel and aluminum, Cleveland-Cliffs Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLF#NYSE">CLF</a>), Nucor Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NUE#NYSE">NUE</a>) and Steel Dynamics Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STLD#NASDAQ">STLD</a>) are emerging as the early champions of this protectionist pivot.
According to Tracy Shuchart, senior economist at NinjaTrader, the tariff surge is a short-term policy maneuver, but it brings long-term opportunities for domestic producers. &#8220;At 50%, these tariffs are reaching what economists call prohibitive levels—they&#8217;re so high that they fundamentally distort market mechanisms rather than simply providing competitive protection,&#8221; Shuchart said in an exclusive email interview with Benzinga.
Read Also: <a href="https://www.benzinga.com/markets/tech/25/06/45786145/trumps-50-steel-tariff-could-drive-up-the-costs-for-automakers-almost-2000-of-cost-for-each-car">Trump&#8217;s 50% Steel Tariff Could Drive Up The Costs For Automakers: &#8216;Almost $2,000 Of Cost For Each Car&#8217;</a>
<h2 class="wp-block-heading">Tariffs To Benefit Cleveland, Nucor, Steel Dynamics&#8217; Margins</h2>
Cleveland-Cliffs saw a 25.2% gain in early trading after the announcement, not just on sentiment but solid fundamentals. The company is heavily exposed to imports, particularly in flat-rolled products, and now has room to raise prices by $200-300 per ton while still staying competitive. 
&#8220;Cliffs can immediately implement price increases of $200–300 per ton while still remaining competitive,&#8221; Shuchart added.
Nucor, with its low-cost electric arc furnace model, is positioned to expand its already solid margins. Its scale, cost discipline, and flexible mini-mill network could boost EBITDA margins to the 18–20% range over the next 12–18 months. &#8220;With import competition effectively removed, Nucor can maintain its cost advantage while capturing significantly higher margins,&#8221; Shuchart said.
Meanwhile, Steel Dynamics, which had ventured into aluminum production, now looks prophetic. With both steel and aluminum tariffs rising, Steel Dynamics&#8217;s dual exposure could unlock a new wave of pricing power. &#8220;This diversification strategy, which seemed risky 18 months ago, now looks prescient,&#8221; said Shuchart.
<h2 class="wp-block-heading">Broad-Market Beneficiaries</h2>
Investors looking to ride the broader wave may also consider steel-focused ETFs like the VanEck Steel ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLX#NYSE">SLX</a>) or the SPDR S&amp;P Metals and Mining ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XME#NYSE">XME</a>), which offer diversified exposure to these names.
While these gains are real, Shuchart cautions this is not a forever story. Structural supply gaps and midterm politics could force a policy rethink by late 2025. 
But for now, domestic steel stocks stand to gain, and this trio is leading the charge.
Read Next: 
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<li><a href="https://www.benzinga.com/markets/commodities/25/06/45766967/us-aluminum-tariffs-risk-supply-chain-and-food-security-industry-insiders-warn">US Aluminum Tariffs Risk Supply Chain And Food Security, Industry Insiders Warn</a></li>
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Photo: Shutterstock

EXCLUSIVE: Tariff Titans - Why Cleveland-Cliffs, Nucor, Steel Dynamics Could Outmuscle The Competition

U.S. stocks were mixed, with the Dow Jones index falling around 200 points on Monday.
Shares of Vera Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VERA#NASDAQ">VERA</a>) rose sharply during Monday's session after the company <a href="https://www.benzinga.com/news/health-care/25/06/45720783/kidney-health-focused-vera-therapeutics-stock-price-spikes-on-heels-of-successful-trial-data">released ORIGIN Phase 3 trial data.</a>
Participants treated with atacicept for immunoglobulin A nephropathy (IgAN) achieved a 46% reduction from baseline in proteinuria as measured by 24-hour urine protein-to-creatinine ratio (UPCR), with a statistically significant and clinically meaningful 42% reduction in UPCR compared to placebo (p&lt;0.0001) at week 36.
Vera Therapeutics shares jumped 56.6% to $29.67 on Monday.
Here are some other big stocks recording gains in today&#8217;s session.
<ul class="wp-block-list">
<li>Applied Digital Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APLD#NASDAQ">APLD</a>) surged 44.8% to $9.89 after the company announced a 250MW AI data center lease with CoreWeave.</li>
<li>Kymera Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KYMR#NASDAQ">KYMR</a>) climbed 33.3% to $39.53 after the company announced clinical data for its Phase 1 Healthy volunteer study of KT-621.</li>
<li>Blueprint Medicines Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BPMC#NASDAQ">BPMC</a>) gained 26.2% to $127.93 after the company announced that Sanofi will acquire them for $9.5 billion.</li>
<li>Cleveland-Cliffs Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLF#NYSE">CLF</a>) gained 23.2% to $7.18 after Trump said he would double their tariffs to 50%.</li>
<li>Century Aluminum Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CENX#NASDAQ">CENX</a>) rose 22% to $18.89 after Trump said he would double their tariffs to 50%.</li>
<li>Liquidia Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LQDA#NASDAQ">LQDA</a>) gained 18.2% to $17.64 after the company announced it began shipping its newly FDA-approved Yutrepia. Additionally, Needham raised its price target on the stock from $25 to $32.</li>
<li>REGENXBIO Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGNX#NASDAQ">RGNX</a>) jumped 16.4% to $10.30.</li>
<li>Tempus AI, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TEM#NASDAQ">TEM</a>) gained 14.1% to $62.95 after the company introduced its fuses program for precision-based medicine and xM for advanced cancer treatment response monitoring.</li>
<li>First Majestic Silver Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AG#NYSE">AG</a>) rose 10.6% to $6.83.</li>
<li>Steel Dynamics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STLD#NASDAQ">STLD</a>) surged 10.5% to $135.93. Shares of steel and aluminum stocks traded higher after Trump said he would double their tariffs to 50%.</li>
<li>Hecla Mining Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HL#NYSE">HL</a>) gained 10.4% to $5.67.</li>
<li>Nucor Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NUE#NYSE">NUE</a>) gained 10% to $120.20. BMO Capital analyst Katja Jancic upgraded Nucor from Market Perform to Outperform and raised the price target from $140 to $145.</li>
<li>ImmunityBio, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IBRX#NASDAQ">IBRX</a>) rose 6.2% to $2.8250. ImmunityBio received FDA expanded access authorization for the treatment of Lymphopenia with ANKTIVA in patients with solid tumors</li>
<li>Eldorado Gold Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EGO#NYSE">EGO</a>) rose 6.1% to $21.32.</li>
</ul>
Now Read This: 
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<li><a href="https://www.benzinga.com/cannabis/25/06/45719355/top-3-utilities-stocks-that-may-crash-in-june">Top 3 Utilities Stocks That May Crash In June</a> </li>
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Photo via Shutterstock

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Vera Therapeutics, Applied Digital, Kymera Therapeutics And Other Big Stocks Moving Higher On Monday

Cleveland-Cliffs Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLF#NYSE">CLF</a>) shares are soaring Monday after U.S. President Donald Trump announced plans to double <a href="https://www.benzinga.com/news/topics/25/05/45708977/trump-doubles-steel-tariffs-to-50-saying-it-will-secure-american-jobs-backs-us-steels-takeover-by-japans-nippon">tariffs on steel</a>.
What Happened: Trump <a href="https://truthsocial.com/@realDonaldTrump/posts/114599330494282325">announced</a> on Friday that he would increase steel tariffs from 25% to 50% in an effort to protect the U.S. steel industry. 
&#8220;Our steel and aluminum industries are coming back like never before. This will be yet another BIG jolt of great news for our wonderful steel and aluminum workers,&#8221; Trump said in a post on Truth Social.
The move has added to global trade tensions. The European Commission said over the weekend that Europe was prepared to retaliate against the tariff hike, per Reuters. 
Trump said the 25% tariff increases on steel and aluminum would take effect on Wednesday. Cleveland-Cliffs shares were up more than 25% on the news. Shares of Steel Dynamics and Nucor were also up about 11% each at last check, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>. The VanEck Steel ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLX#NYSE">SLX</a>) was up 3.10% at the time of publication.
Check This Out: <a href="https://www.benzinga.com/trading-ideas/movers/25/06/45712354/united-states-steel-applovin-and-ulta-beauty-are-among-top-large-cap-gainers-last-week-may-26-may-30-are-the-others-in-your-portfolio">United States Steel, Applovin And Ulta Beauty Are Among Top Large-Cap Gainers Last Week (May 26-May 30): Are The Others In Your Portfolio?</a>
<h3 class="wp-block-heading">Is CLF A Good Stock To Buy?</h3>
Wall Street analysts view Cleveland-Cliffs on the whole as a Buy, given the history of coverage over the past three months. Christopher LeFemina from Jefferies in Cleveland-Cliffs is the most bearish, expecting a 40.0% fall in the stock in the coming year.
But looking at how the market as a whole thinks of the stock, you can reference historical price action for views on whether investors feel strongly about the stock one way or another. In the past three months, Cleveland-Cliffs fell 23.15%, which indicates that opinion soured on the business and how attractive it is to own based on either its stock price, or underlying fundamentals, like revenue, which fell 10.96% over the past year.
A complete overview of how Wall Street views individual stocks is available <a href="https://www.benzinga.com/analyst-stock-ratings">here</a>, while real time updates on the latest analyst actions will be delivered via <a href="https://pro.benzinga.com">Benzinga PRO</a>. Try it for free.
CLF Price Action: <a href="http://benzinga.com/quote/clf">Cleveland-Cliffs shares</a> were up 27.7% at $7.44 at the time of publication Monday, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>.
Photo: <a href="https://www.shutterstock.com/g/JHVEPhoto">JHVEPhoto</a>/Shutterstock.

Cleveland-Cliffs Stock Is Ripping Higher Monday: Here's Why

Shares of steel and aluminum stocks are trading higher after Trump said he would double their tariffs to 50%.

Legal

Press Releases

INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Cleveland-Cliffs Inc. - CLF

Securities Fraud Investigation Into Cleveland-Cliffs Inc. (CLF) Announced – Investors Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz

CLEVELAND-CLIFFS ALERT: Bragar Eagel & Squire, P.C. is Investigating Cleveland-Cliffs Inc. on Behalf of Cleveland-Cliffs Stockholders and Encourages Investors to Contact the Firm

Cleveland-Cliffs Inc. (CLF) Investors Who Lost Money – Contact Law Offices of Howard G. Smith About Securities Fraud Investigation

Securities Fraud Investigation Into Cleveland-Cliffs Inc. (CLF) Announced – Investors Who Lost Money Urged To Contact Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm

CLF Investors Have Opportunity to Join Cleveland-Cliffs Inc. Fraud Investigation with the Schall Law Firm

Bragar Eagel & Squire, P.C. Is Investigating Kohl's and Cleveland-Cliffs and Encourages Investors to Contact the Firm

Kirby McInerney LLP is Investigating Potential Shareholder Claims Against Cleveland-Cliff Inc. (CLF)

Bragar Eagel & Squire, P.C. Is Investigating TechTarget, SelectQuote, GoHealth, and Cleveland-Cliffs and Encourages Investors to Contact the Firm

Cleveland-Cliffs Celebrates the Start-Up of New $150 Million Stainless Bright Anneal Line at Coshocton Works in Ohio

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