Cleveland-cliffs reports first-quarter 2023 results

Cleveland--(business wire)--cleveland-cliffs inc. (nyse: clf) today reported first-quarter results for the period ended march 31, 2023. selected financial results for the first quarter of 2023 include: revenues of $5.3 billion steel shipments of 4.1 million net tons gaap net loss of $42 million, or $0.11 per diluted share attributable to cliffs shareholders adjusted ebitda1 of $243 million 36% of steelmaking revenues from direct automotive sales first-quarter 2023 revenues were $5.3 billion, co.
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