On May 1, 2024, Ron Bloom, a Director at Cleveland-Cliffs Inc (NYSE:CLF), purchased 25,000 shares of the company, as reported in a recent SEC Filing.
U.S. steelmaker Cleveland-Cliffs , a Norfolk Southern customer, has backed activist investor Ancora Holdings in its effort to have seven directors and a new chief executive officer installed at the railroad operator, Bloomberg News reported on Sunday. Cleveland-Cliffs CEO Lourenco Goncalves said in a letter to Ancora that the outcome of the proxy fight will have no impact on its customer or supplier relationship with Norfolk Southern, the report added.
CLEVELAND, April 26, 2024--Cleveland-Cliffs Inc. (NYSE: CLF) announced today that, in response to industry trends and feedback from customers, the Company will publish a "Cliffs Hot Rolled Market Price" via letter to all flat-rolled customers on a monthly basis. The price will be published in conjunction with the monthly opening of the Hot Rolled order book, and will be simultaneously published at https://www.clevelandcliffs.com/doing-business/. Cliffs may also update this price more frequently