{"schema_version":"secwatch.filing_event.v1","accession":"0000764065-23-000159","form_type":"8-K","ticker":"CLF","cik":"0000764065","company_name":"CLEVELAND-CLIFFS INC.","filed_at":"2023-10-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.966838+00:00","generated_at":"2026-06-09T17:39:49.808678+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 Q3 2023 net income $275M, EPS $0.52, revenue $5.6B, adjusted EBITDA $614M","bullets":["Net income $275M, diluted EPS $0.52 vs $165M ($0.29) in Q3 2022; adjusted EBITDA $614M up from $463M.","Steel shipments 4.1M net tons (record automotive); average selling price $1,203/ton; revenues $5.6B.","Free cash flow $605M; net debt reduced to $3.4B; total liquidity $4.4B.","Repurchased 3.9M shares at $15.09 avg; full-year capex guidance lowered to $670M from $700M midpoint.","Expects $15/ton cost reduction from Q3 to Q4 with further cost cuts in 2024; UAW strike impact mitigated."],"urls":{"canonical":"https://secwatch.observer/filing/0000764065-23-000159","json":"https://secwatch.observer/filing/0000764065-23-000159.json","markdown":"https://secwatch.observer/filing/0000764065-23-000159.md","text":"https://secwatch.observer/filing/0000764065-23-000159.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/764065/000076406523000159/0000764065-23-000159-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/764065/000076406523000159/clf-20231023.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T17:39:49.808678+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":"f4e3d158b80e8f3dd4f4884dd03760ecfac73f5b","claim":"CLEVELAND-CLIFFS INC. reported third quarter 2023 for the period ended September 30, 2023 results: revenue Revenues of $5.6 billion, net income Net income of $275 million, EPS Earnings per diluted share attributable to Cliffs shareholders of $0.52.","evidence_excerpt":"Cleveland-Cliffs Inc. (NYSE: CLF) today reported third-quarter results for the period ended September 30, 2023. Selected financial results for the third quarter of 2023 include: • Revenues of $5.6 billion • Steel shipments of 4.1 million net tons, including record automotive shipments • Net income of $275 million • Earnings per diluted share attributable to Cliffs shareholders of $0.52","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/764065/000076406523000159/0000764065-23-000159-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter 2023 for the period ended September 30, 2023"},{"label":"Revenue","value":"Revenues of $5.6 billion"},{"label":"Net income","value":"Net income of $275 million"},{"label":"EPS","value":"Earnings per diluted share attributable to Cliffs shareholders of $0.52"},{"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"}