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About the company

Cleveland-Cliffs Inc. is a flat-rolled steel producer and manufacturer of iron ore pellets in North America. The Company is vertically integrated from mined raw materials and direct reduced iron to primary steelmaking and downstream finishing, stamping, tooling, and tubing. It serves a diverse range of markets due to its flat-rolled steel products offerings. The Company's fully integrated portfolio includes custom-made pellets and hot briquetted iron (HBI); flat-rolled carbon steel, stainless, electrical, plate, tinplate, and long steel products; as well as carbon and stainless-steel tubing, hot and cold stamping, and tooling. The Company sells its products to customers in four market categories, automotive; infrastructure and manufacturing, which includes electrical power; distributors and converters, and steel producers, which consume iron ore and metallics.

  • Revenue in USD (TTM)17.35bn
  • Net income in USD2.16bn
  • Incorporated1985
  • Employees25.00k
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Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status
CLF:NYQ since
announced
Transaction
value
Ferrous Processing & Trading CoAnnounced11 Oct 202111 Oct 2021Announced1.07%775.00m
Data delayed at least 15 minutes, as of Nov 29 2021 21:10 GMT.
An LSEG Business
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