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DewDiligence

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DewDiligence

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Re: DewDiligence post# 23357

Thursday, 02/25/2021 9:00:15 AM

Thursday, February 25, 2021 9:00:15 AM

Post# of 30495
CLF 4Q20 results:

http://www.clevelandcliffs.com/English/news-center/news-releases/news-releases-details/2021/Cleveland-Cliffs-Reports-Fourth-Quarter-and-Full-Year-2020-Results/default.aspx

CLF announced preliminary (i.e. unaudited) 4Q20 results on 1/25/21, so there are no major surprises today.

Because CLF is now a vertically integrated steelmaker, the business-segment reporting has been simplified by removing the segment for iron ore and pelletizing.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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