Actionable news
0
All posts from Actionable news
Actionable news in CLF: CLIFFS NATURAL RESOURCES Inc,

Here’s Why Cliffs Natural (CLF) Stock Is Rallying Today

NEW YORK (TheStreet) -- Shares of Cliffs Natural Resources (CLF) are jumping 11.8% to $6.82 on Monday afternoon alongside other mining stocks as China's iron ore demand rises, Barron's reports.

Record iron ore shipments to China went through Australia's Port Hedland terminal last month, which propelled Chinese inventories at certain ports to two-year highs, according to trade magazine Mining Weekly.

Additionally, shipments from Brazilian mining company Vale (VALE) soared about 25% in May.

Other producers BHP Billiton (BHP) and...


More