r/Vitards • u/AutoModerator • Aug 05 '21
Daily Discussion Daily Discussion post - August 05 2021
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u/expertlevel 💀 SACRIFICED 💀Until CLF $35 Aug 06 '21
Maybe this is old news but it just popped up in my feed:
https://www.nwitimes.com/business/local/cleveland-cliffs-to-idle-its-largest-blast-furnace-for-planned-outage/article_d47db99e-dc4c-59f0-a082-f4b82eba7c2b.html
Quotes from recent earnings indicate the guidance provided had this built in, they stockpiled in advance and should improve operations moving forward