Cleveland-Cliffs
Open PromiseFinancial target

Cleveland-Cliffs will reach leverage under 2.5x net debt to EBITDA by mid-2027.

Cleveland-Cliffs · Company

What was said

“With all that, we remain on track to reach our leverage target of under 2.5x net debt to EBITDA by the middle of next year.”

October 19, 2026 · 8-K press release, Oct 19, 2026 · read by AI

What we check: by June 30, 2027 (“next year”)

Verdict: Open

· checked Nov 02, 2026 · truth-1

Not due yet. It's checked once the due date passes, after a two-week grace period.

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