Cleveland-Cliffs Reports First-Quarter 2026 Results

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) today reported first-quarter results for the period ended March 31, 2026. First-Quarter Consolidated Results Steel shipments of 4.1 million net tons, a 338,000 increase from the prior quarter Revenues of $4.9 billion, a $600 million increase from the prior quarter GAAP net loss of $229 million, or $0.42 per diluted share Adjusted EBITDA2 of $95 million, inclusive of an $80 million one‑time energy cost impact driven by extreme cold we.