Cleveland-Cliffs Inc. (NYSE:CLF) Q3 2024 Earnings Conference Call November 4, 2024 8:30 AM ET
Company Participants
Lourenco Goncalves - Chairman, President & CEO
Celso Goncalves - EVP & CFO
Conference Call Participants
Lucas Pipes - B. Riley Securities
Lawson Winder - Bank of America
Carlos De Alba - Morgan Stanley
William Peterson - JPMorgan
Alexander Hacking - Citigroup
Chris LaFemina - Jefferies
Philip Gibbs - KeyBanc Capital Markets
Operator
Good morning, ladies and gentlemen. My name is Darryl, and I’m your conference facilitator today. I would like to welcome everyone to Cleveland-Cliffs' Third Quarter 2024 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks, there will be a question-and-answer session.
The company reminds you that certain comments made on today's call will include predictive statements that are intended to be made as forward-looking within the safe harbor protections of the Private Securities Litigation Reform Act of 1995. Although, the company believes that its forward-looking statements are based on reasonable assumptions, such statements are subject to risks and uncertainties that can cause actual results to differ materially.
Important factors that can cause results to differ materially are set forth in reports on Forms 10-K and 10-Q and the news releases filed with the SEC, which are available on the company's website. Today's conference call is also available and being broadcast at clevelandcliffs.com. At the conclusion of the call, it will be archived on the website and available for replay. The company will also discuss results, excluding certain special items. Reconciliation for Regulation G purposes can be found in the earnings release, which was published yesterday.
At this time, I would like to introduce Lourenco Goncalves, Chairman, President and Chief Executive Officer.
Lourenco Goncalves
Thank you, Darryl. Good morning, and Happy Election Day to the Americans listening in on the call today. Throughout my 10 years with Cliffs, we have worked very consistently to position the company to benefit no matter what candidate or political party is in power. This year is no different. At this point, it's clear to us that with either Donald Trump or Kamala Harris, as President of the United States, our executive branch will work to improve conditions and support a domestic steel industry owned and operated by American producers.
American steel companies are way ahead of all others in the entire world, both in steelmaking technology and access to capital markets. We have a domestic market for steel that's the envy of other nations, and we have the American people willing to work for us and benefit from these favorable conditions. Steel (ph) touched several important areas: national security, infrastructure, manufacturing, supply chains, middle class union and non-union jobs, just to name a few.