{"schema_version":"secwatch.filing_event.v1","accession":"0000764065-25-000033","form_type":"8-K","ticker":"CLF","cik":"0000764065","company_name":"CLEVELAND-CLIFFS INC.","filed_at":"2025-02-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:06.302916+00:00","generated_at":"2026-05-27T04:23:18.812697+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Cleveland-Cliffs reports preliminary Q4 adjusted EBITDA loss of ~$85M; launches $850M notes offering at 7.500%","bullets":["Q4 expected revenues ~$4.3B, steel shipments 3.8M net tons; FY2024 adj. EBITDA ~$775M (pro-forma $1.2B incl. Stelco).","Stelco acquisition closed Nov 1, 2024; included only Nov-Dec in Q4 results.","CEO cites worst steel demand since 2010 (ex-COVID) and expects recovery from tariffs on Mexico, Canada, China.","Priced $850M senior guaranteed notes at 7.500% due 2031; upsized from $750M; proceeds to repay ABL borrowings.","Notes offering expected to close Feb 6, 2025; unsecured, guaranteed by material domestic subsidiaries."],"urls":{"canonical":"https://secwatch.observer/filing/0000764065-25-000033","json":"https://secwatch.observer/filing/0000764065-25-000033.json","markdown":"https://secwatch.observer/filing/0000764065-25-000033.md","text":"https://secwatch.observer/filing/0000764065-25-000033.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/764065/000076406525000033/0000764065-25-000033-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/764065/000076406525000033/clf-20250203.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-27T04:23:18.812697+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}