If you are a value investor, today's big plunge in share price for Cliffs Natural Resources (NYSE:CLF) should pique your interest enough to take a deeper look into the company's operations. Now trading below below a 12 times forward price-to-earnings ratio, is this an entry point investors should take advantage of? The company is a leading seller of two critical components in steel manufacturing, and the need for steel doesn't appear to be disappearing any time soon. Yes, this industry is cyclical, but a trough like this is just too hard to ignore. Check out the video for Motley Fool analyst Taylor Muckerman's take on the scenario. 

Joel South has no position in any stocks mentioned. Taylor Muckerman owns shares of CONSOL Energy. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.