{"schema_version":"secwatch.filing_event.v1","accession":"0000764065-23-000075","form_type":"8-K","ticker":"CLF","cik":"0000764065","company_name":"CLEVELAND-CLIFFS INC.","filed_at":"2023-04-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.184187+00:00","generated_at":"2026-06-17T03:55:36.096025+00:00","sec_items":["2.02","7.01","8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Cleveland-Cliffs previews Q1 revenue ~$5.2B, adj. EBITDA ~$200M; issues $750M notes at 6.75%","bullets":["Preliminary Q1 results: revenue ~$5.2B, steel shipments 4.1M net tons, adjusted EBITDA ~$200M.","CEO Goncalves says Q2 EBITDA will be 'multiple times higher' than Q1, citing price increases and cost reductions.","Priced $750M of 6.75% senior unsecured notes due 2030 at par, expected to close April 14.","Net proceeds to repay part of ABL borrowings; transaction is leverage and interest expense neutral.","Cliffs expects to maintain over $2B in pre-payable/callable debt to reduce with free cash flow."],"urls":{"canonical":"https://secwatch.observer/filing/0000764065-23-000075","json":"https://secwatch.observer/filing/0000764065-23-000075.json","markdown":"https://secwatch.observer/filing/0000764065-23-000075.md","text":"https://secwatch.observer/filing/0000764065-23-000075.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/764065/000076406523000075/0000764065-23-000075-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/764065/000076406523000075/clf-20230411.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T03:55:36.096025+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"cced3647cdfaff4d897642ab2b329a2535bc7a67","claim":"CLEVELAND-CLIFFS INC. reported first quarter of 2023 results: revenue approximately $5.2 billion. Guidance reaffirmed.","evidence_excerpt":"Cleveland-Cliffs Inc. (NYSE: CLF) today provided its preliminary first-quarter financial results for the period ended March 31, 2023. Selected financial results expectations for the first quarter of 2023 include: • Steel shipments of 4.1 million net tons • Revenues of approximately $5.2 billion • Adjusted EBITDA 1 of approximately $200 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/764065/000076406523000075/0000764065-23-000075-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter of 2023"},{"label":"Revenue","value":"approximately $5.2 billion"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}