{"schema_version":"secwatch.filing_event.v1","accession":"0000764065-26-000112","form_type":"8-K","ticker":"CLF","cik":"0000764065","company_name":"CLEVELAND-CLIFFS INC.","filed_at":"2026-10-19T10:52:29+00:00","discovered_at":"2026-10-19T10:55:00.280783+00:00","generated_at":"2026-10-19T10:55:04.337434+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Cleveland-Cliffs Q3 2026 net income $165M; adjusted EBITDA $612M tops $575M guidance","bullets":["Revenue $5.6B vs $5.2B in Q2 2026; steel shipments 4.2M net tons; GAAP EPS $0.26 and adjusted EPS $0.28.","Adjusted EBITDA $612M, up $326M from Q2's $286M and above $575M guidance; Q3 GAAP net income $165M vs Q2 net loss $134M.","Q4 2026 adjusted EBITDA guided to ~$715M; 2027 adjusted EBITDA expected to exceed $4B on new contracts and price forecasts.","Indefinitely idling Stelco galvanizing lines due oversupplied Canadian galvanized market; hot-rolled production maintained and ~2,000 Canadian jobs preserved.","Liquidity $3.2B at Sept 30, 2026; targets under 2.5x net debt/EBITDA by mid-2027 and expects major Q4 debt reduction."],"urls":{"canonical":"https://secwatch.observer/filing/0000764065-26-000112","json":"https://secwatch.observer/filing/0000764065-26-000112.json","markdown":"https://secwatch.observer/filing/0000764065-26-000112.md","text":"https://secwatch.observer/filing/0000764065-26-000112.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/764065/000076406526000112/0000764065-26-000112-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/764065/000076406526000112/clf-20261019.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-19T10:55:04.337434+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"}