Cleveland-Cliffs (CLF) Provides Company Update, Comments on Liquidity Stress Test

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Cleveland-Cliffs Inc. Provides Company Update

April 15, 2020 8:49 AM EDT

CLEVELAND--(BUSINESS WIRE)-- Cleveland-Cliffs Inc. (NYSE: CLF) (the Company) today provided the following company update.

Cliffs Chairman, President, and Chief Executive Officer Lourenco Goncalves said, The constantly evolving COVID-19 situation has been an ongoing backdrop for the actions we have taken to keep our employees and our Company healthy for the long term. With these goals in mind, we have made several adjustments to our operating profile and workplace safety procedures. Mr. Goncalves added, Automotive manufacturing has always been the backbone of the Cleveland-Cliffs business, even before the acquisition of AK Steel. As... More