Cleveland-Cliffs Stock Drops 7.5% In A Week – Here’s What You Should Know
- Wednesday, February 3, 2021, 7:15
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Cleveland-Cliffs stock dropped 7.5% over the last 5 trading days (1 week). This was mainly after China’s announcement that it plans to cut its crude steel production. This would mean low demand for iron ore due to which this announcement led to almost a 10% drop in global iron ore prices in the…