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Cleveland-Cliffs Inc. (CLF) Stock: Surge as DOE Backs $1 Billion Steel Plant Upgrade

By Yasmin Werner at 2026-09-29 08:59

Sentiment: Positive

TLDR CLF stock jumps 7.68% as DOE backs a $1 billion Ohio steel plant upgrade. Cleveland-Cliffs and the DOE will each fund $500 million of the project. Middletown Works upgrades will target efficiency, reliability, and lower costs. The project will preserve 2,300 jobs and employ 1,500 construction workers. Cleveland-Cliffs plans to complete its blast furnace [...] The post Cleveland-Cliffs Inc. (CLF) Stock: Surge as DOE Backs $1 Billion Steel Plant Upgrade appeared first on CoinCentral. Continue reading...

Categories: Stocks

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