- It has been quite a ride for Cliffs Natural Resources this year.
- The company recovered on the back of cost cutting and a recovery in the iron ore price.
- It also benefited from domestic protection of the steel industry.
- Whether the party will continue depends mostly on China and how much of the expected Trump infrastructure boom actually materializes.
Cliffs Natural Resources’ Stock Price Exploded In 2016 – Any Rocket Fuel Left?