Cleveland-Cliffs Inc - Company Profile
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Cleveland-Cliffs Inc (Cliffs) carries out iron ore mining activities in the US. A broad asset base, cash reserves, and mining asset base are the company’s major strengths, even as poor operating performance could be a cause of concern. The growing global production of iron ore, recovery in the global demand for steel, and strategic initiatives are likely to present adequate growth opportunities to the company. However, increasing manpower costs in US, operational risks, and stringent regulations could affect the company’s operations.
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