Cleveland-Cliffs stock jumps 10% ahead of Q3 earnings, recovering from Stelco shutdown impact.

Cleveland-Cliffs shares rose 10% as the company recovers from losses linked to its Stelco subsidiary shutdown. The steelmaker's Q3 earnings report on October 19 will be crucial to confirm if the rebound is sustainable. Nucor and Steel Dynamics also gained 5%, benefiting from U.S. trade protections. Cleveland-Cliffs faces unique challenges due to tariffs affecting Stelco's Canadian operations, but improving earnings and guidance suggest potential growth ahead.

As of Oct 06, 2026 01:12 WIB, Nucor Corporation (NUE) shares on Pluang are trading at USD 253.51, up 5.46% in the past day, reflecting strong investor interest similar to the gains noted in the news. The stock's market capitalization stands at $54.54 billion, with a typical holding period of 78 days on Pluang. This market activity highlights the positive momentum in steel-related stocks ahead of key earnings reports.