Cleveland-Cliffs (CLF) earnings: The "disaster" contract they finally killed

Cleveland-Cliffs posted a rare EBITDA loss this quarter, but management insists the red ink was the necessary cost of exiting a "value-destructive" supply deal that anchored 2025 results.In ~10 minutes:* Q4 Revenue fell to $4.31B with an adjusted EBITDA loss of $(21)M.* Why CEO Goncalves called the expiring slab contract a "disaster." 📉* The "Melted and Poured" regulatory moat squeezing competitors.* Aggressive comments on "fire events" with aluminum auto parts.CEO Lourenco Goncalves came out swinging, wishing competitors "good luck" trying to survive without Cliffs' domestic slabs. We break down the $500M efficiency claim and the aggressive pivot toward taking automotive market share from aluminum.Company: Cleveland-Cliffs, Inc. (CLF) | Q4 FY2025AI-assisted production. Feedback/ticker requests: https://x.com/EarnUnscripted.