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What to Expect from Cleveland-Cliffs’ 4Q17 US Volumes

What to Expect from Cleveland-Cliffs’ 4Q17 US Volumes

Cleveland-Cliffs (CLF) achieved US volumes of ~5.9 million tons in 3Q17, an increase of 11% year-over-year (or YoY). While the company achieved strong volume growth in 3Q17, its outlook for 4Q17 was weaker.