In the news:
Cleveland-Cliffs reiterates offer to buy mills under closure threat by U.S. Steel - Stocks making the biggest moves after hours: Cleveland-Cliffs, Nucor, NXP Semiconductors and more - Cleveland-Cliffs reached a deal to buy Canadian steel producer Stelco Holdings for about $2.5 billion as it pivots from a yearlong pursuit of rival U.S. Steel. - Stelco to be sold to U.S. steelmaking rival Cleveland-Cliffs in $3.8-billion deal - Updated: Stelco to be sold to U.S. steelmaking rival Cleveland-Cliffs in $3.8-billion deal - Cleveland-Cliffs in $2.5 Billion Deal to Buy Canadian Steelmaker Stelco - Stelco to be sold to U.S. steelmaking rival Cleveland-Cliffs in $3.4-billion deal - Cleveland-Cliffs to buy Canadian steelmaker Stelco for $2.8 billion - Cleveland-Cliffs to buy Canadian steelmaker Stelco in $2.5 billion deal - Cleveland-Cliffs in $2.5 Billion Deal to Buy Canadian Steelmaker Stelco
Cleveland-Cliffs
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ShareKey facts
- city: Cleveland
- state: OH
- country: United States
- sector: Materials
- industry: Metals & Mining
- CEO: C. Lourenco Goncalves
Classified as: organization
Summary
Cleveland-Cliffs is a company. It is located in Cleveland, the United States. The company is part of the Materials sector, specifically in the Metals & Mining industry.
Business
Cleveland-Cliffs is one of the companies in the United States, companies in Metals & Mining, companies in Materials and 3,466,499 companies in our database.
- Assets: 19B $
- Debt: 4.7B $
- Employees: 27,000 people
- Free cash flow: 1.9B $
- Market cap: 8.7B $
- Profits: 3B $
- Revenues: 23.6B $
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Talking Points:
- ClevelandCliffs Inc.
- Cleveland-Cliffs is North America’s largest flat-rolled steel producer and supplier of iron ore pellets serving various industries, mainly automotive.
- Fleetwood Metal Industries Inc is a company based out of 22 Industrial Park Rd, Tilbury, ON, Canada.
- Cleveland-Cliffs Inc. operates as a flat-rolled steel producer in North America. The company offers carbon steel products, such as hot-rolled, cold-rolled, electrogalvanized, hot-dip galvanized, hot-dip galvannealed, aluminized, enameling, and advanced high-strength steel products; stainless steel products; plates; and grain oriented and non-oriented electrical steel products. It also provides tubular components, including carbon steel, stainless steel, and electric resistance welded tubing. In addition, the company offers tinplate products, such as electrolytic tin coated and chrome coated sheet, and tin mill products; tooling and sampling; raw materials; ingots, rolled blooms, and cast blooms; and hot-briquetted iron products. Further, it owns five iron ore mines in Minnesota and Michigan. The company serves automotive, infrastructure and manufacturing, distributors and converters, and steel producers. Cleveland-Cliffs Inc. was formerly known as Cliffs Natural Resources Inc. and changed its name to Cleveland-Cliffs Inc. in August 2017. The company was founded in 1847 and is headquartered in Cleveland, Ohio.
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