Trump, Tariffs, And Turnarounds: Why Cleveland-Cliffs Is A Top Pick For 2025
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Cleveland-Cliffs is facing challenges in 2024 due to a tough manufacturing environment, pricing pressures, and weaker automotive demand. However, strategic moves like the Stelco acquisition and potential support from the Trump administration position it well for growth in 2025.
December 10, 2024 | 6:45 am
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Cleveland-Cliffs is facing 2024 challenges but is well-positioned for 2025 growth due to strategic moves like the Stelco acquisition and potential support from the Trump administration.
Cleveland-Cliffs is currently facing challenges such as a tough manufacturing environment and weaker automotive demand. However, the acquisition of Stelco strengthens its supply chain and product portfolio, potentially reducing costs. Additionally, potential tariff and domestic manufacturing support from the Trump administration could provide significant tailwinds. These factors position Cleveland-Cliffs for growth in 2025, making it a strong pick for investors.
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