Company

Cleveland-Cliffs Inc.

Headquarters: Cleveland, OH, United States

Founded: 1847

Employees: 25,500

CEO: Mr. C. Lourenco Goncalves

NYSE: CLF -1.24%

Market Cap

$9.92 Billion

USD as of Jan. 1, 2024

Market Cap History

Cleveland-Cliffs Inc. market capitalization over time

Evolution of Cleveland-Cliffs Inc. market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of Cleveland-Cliffs Inc.

Detailed Description

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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Stocks & Indices

Cleveland-Cliffs Inc. has the following listings and related stock indices.


Stock: NYSE: CLF wb_incandescent

Stock: BMV: CLF wb_incandescent

Stock: FSX: CVA wb_incandescent

Product & Services

Iron ore PelletsHBIFlat rolled steelStainless steel

Key People

Founder(s): Samuel Mather and associates

C. Lourenco Goncalves, Chairman, CEO & President Keith A. Koci, CFO Clifford T. Smith, COO

Financials

Revenue: $20.4 billion (2021)

Net income: -$122 million (2020)


Total assets: $16.771 billion (2020)

Total equity: $2.351 billion (2020)

Details

Headquarters:

200 Public Square

Suite 3300

Cleveland, OH 44114-2315

United States

Phone: 216-694-5700