{"schema_version":"secwatch.filing_event.v1","accession":"0000764065-26-000067","form_type":"8-K","ticker":"CLF","cik":"0000764065","company_name":"CLEVELAND-CLIFFS INC.","filed_at":"2026-04-20T23:59:59+00:00","discovered_at":"2026-05-14T18:02:33.709783+00:00","generated_at":"2026-05-15T05:25:35.608218+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Cleveland-Cliffs Q1 net loss $229M; revenue $4.9B; adj EBITDA $95M with $80M weather hit","bullets":["GAAP net loss of $229M ($0.42/diluted); adjusted net loss $0.40/diluted.","Revenue $4.9B (up from $4.6B Q1 2025); steel shipments 4.1M net tons (+338K QoQ).","Adj EBITDA $95M includes $80M one-time cold weather energy cost impact.","Average steel selling price $1,048/ton; hot-rolled 44% of product mix.","FY 2026 guidance reaffirmed: 16.5-17.0M tons shipment, capex ~$700M."],"urls":{"canonical":"https://secwatch.observer/filing/0000764065-26-000067","json":"https://secwatch.observer/filing/0000764065-26-000067.json","markdown":"https://secwatch.observer/filing/0000764065-26-000067.md","text":"https://secwatch.observer/filing/0000764065-26-000067.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/764065/000076406526000067/0000764065-26-000067-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/764065/000076406526000067/clf-20260420.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T05:25:35.608218+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":"aa1d8c38eb6b22ec471de8b05222e681bc721abd","claim":"CLEVELAND-CLIFFS INC. reported first quarter for the quarter ended March 31, 2026 results: revenue $4.9 billion, net income GAAP net loss of $229 million, or $0.42 per diluted share. Guidance reaffirmed.","evidence_excerpt":"for the period ended March 31, 2026. First-Quarter Consolidated Results • Steel shipments of 4.1 million net tons, a 338,000 increase from the prior quarter • Revenues of $4.9 billion, a $600 million increase from the prior quarter • GAAP net loss of $229 million, or $0.42 per diluted share • Adjusted EBITDA 2 of $95 million, inclusive of an $80 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/764065/000076406526000067/0000764065-26-000067-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter for the quarter ended March 31, 2026"},{"label":"Revenue","value":"$4.9 billion"},{"label":"Net income","value":"GAAP net loss of $229 million, or $0.42 per diluted share"},{"label":"Guidance","value":"reaffirmed"},{"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"}