{"schema_version":"secwatch.filing_event.v1","accession":"0000764065-23-000126","form_type":"8-K","ticker":"CLF","cik":"0000764065","company_name":"CLEVELAND-CLIFFS INC.","filed_at":"2023-07-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.614980+00:00","generated_at":"2026-06-13T04:37:03.098836+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Cleveland-Cliffs Q2 net income $356M, rev $6.0B, shipments 4.2M tons","bullets":["Revenue $6.0B vs $5.3B in Q1; net income $356M ($0.67 diluted EPS) vs Q1 net loss $42M.","Adjusted EBITDA $775M, up sharply from $243M in Q1; steel shipments 4.2M tons, record automotive.","Free cash flow $756M; net debt reduced to $3.9B from $4.5B; bought back 6.5M shares at avg $14.43.","Steel unit costs seen down $40/ton Q2-to-Q3, another $10/ton Q3-to-Q4; strong H2 outlook.","Total liquidity $3.8B, highest in company history; ABL borrowings cut by $1.3B in quarter."],"urls":{"canonical":"https://secwatch.observer/filing/0000764065-23-000126","json":"https://secwatch.observer/filing/0000764065-23-000126.json","markdown":"https://secwatch.observer/filing/0000764065-23-000126.md","text":"https://secwatch.observer/filing/0000764065-23-000126.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/764065/000076406523000126/0000764065-23-000126-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/764065/000076406523000126/clf-20230724.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T04:37:03.098836+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":"b33a1e7cdaa66fc4784c8074840c57c763b628d3","claim":"CLEVELAND-CLIFFS INC. reported second quarter of 2023 results: revenue $6.0 billion, net income $356 million, EPS $0.67 per diluted share.","evidence_excerpt":"Second-quarter 2023 revenues were $6.0 billion, compared to $5.3 billion in the first quarter of 2023. For the second quarter of 2023, the Company recorded net income of $356 million, or $0.67 per diluted share attributable to Cliffs shareholders.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/764065/000076406523000126/0000764065-23-000126-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter of 2023"},{"label":"Revenue","value":"$6.0 billion"},{"label":"Net income","value":"$356 million"},{"label":"EPS","value":"$0.67 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}