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Are Falling US Steel Imports in May the Start of a Trend?

Annie Gilroy
Updated
Are Falling US Steel Imports in May the Start of a Trend?

Cleveland-Cliffs’ (CLF) US iron ore segment contributes the most to its revenues and earnings. Cleveland-Cliffs’ customers, including AK Steel and ArcelorMittal, are impacted directly by steel imports into the United States. As a result, investors should track this data to get a sense of the future shipments outlook for Cliffs.

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