Market Chatter: Cleveland-Cliffs Shares Fall After Temporary Mine Shutdown Announcement
The company plans to idle its
"These temporary idles are necessary to re-balance working capital needs and consume excess pellet inventory produced in 2024," Persico reportedly said.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Price: 9.23, Change: -0.31, Percent Change: -3.20
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Market Chatter: Cleveland-Cliffs Shares Fall After Temporary Mine Shutdown Announcement
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