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Cleveland-Cliffs announces preliminary fourth-quarter and full-year 2024 results

Cleveland-Cliffs announced its preliminary fourth-quarter and full-year 2024 financial results.

Fourth-quarter 2024 results included an expected revenue of $4.3 billion, with 3.8 million net tons of steel shipments.

For the year 2024 as a whole, Cleveland-Cliffs is expecting a revenue of $19.2 billion, which includes 15.6 million net tons of steel shipments.

Cleveland-Cliffs said it plans to announce its complete fourth-quarter and full-year 2024 earnings results after the U.S. market close on Feb. 24.

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