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Cleveland-Cliffs Expects Low Capex Through 2025

Cleveland-Cliffs Expects Low Capex Through 2025

July 26, 2023--Researched by Industrial Info Resources (Sugar Land, Texas)--Cleveland-Cliffs Incorporated (NYSE:CLF) (Cleveland, Ohio), the largest steel supplier for the U.S. automotive market, expects capital expenditures (capex) to be around $700 million in 2023, 2024 and 2025, down from $900 million in 2022.

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