Cleveland Cliffs Inc (CLF)

[greasemonkeyshoes]

iron ore to pellet to customer to being paid is a very long supply chain......
just look how much dri pellet tied up in Toledo since q1,these pellet most likely requires 12 months and more,before it was turned to HBI to customer to a/r and to cash.

how much more risk ahead,once pandemic is out of the way??big assumption by the long that there is no 2nd wave or if any,minimal impact on the business and the economy.

shorties have the upper hand,murphy's law is on their side.