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Cleveland-Cliffs (NYSE: CLF) — Company Overview, News & Financial Data

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Company profile

Cleveland-Cliffs

Cleveland-Cliffs is a flat-rolled steel producer and iron ore pellet manufacturer headquartered in Cleveland, Ohio. As a major flat-rolled steel producer and supplier of steel to the automotive industry in North America, the company maintains vertically integrated operations spanning iron ore mining, direct reduced iron production, blast furnace and electric arc furnace steelmaking, and steel finishing. Its operations include major steelworks, iron ore mines, direct reduction plants, stamping facilities, and tubular component plants across the United States and Canada. The company manufactures advanced high-strength steel, hot-rolled, cold-rolled, galvanized, stainless, electrical, and plate steel products for automotive, infrastructure, manufacturing, and energy sectors.

Snapshot

Public USOwnership
1846Year founded
~25,000Employees
Cleveland, United StatesHead office
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Global footprint

Operations

Products and/or services of Cleveland-Cliffs

  • Automotive Flat-Rolled Steel: Manufacturing advanced high-strength steels, hot-dip galvanized, electrogalvanized, and cold-rolled sheet products supplied to North American automotive original equipment manufacturers and component fabricators for structural frames, exterior body panels, and crash-safety safety assemblies.
  • Carbon Steel and Coiled Products: Producing hot-rolled, cold-rolled, and coated carbon steel sheets and plates at integrated steelmaking facilities including Indiana Harbor, Burns Harbor, Middletown Works, and Cleveland Works for industrial equipment, construction, line pipe, and appliance manufacturing applications.
  • Electrical and Stainless Steels: Supplying grain-oriented and non-grain-oriented electrical steels alongside specialty stainless steel sheet and strip produced at Butler Works and Zanesville Works for electrical transformers, electric vehicle traction motors, power distribution infrastructure, and automotive exhaust systems.
  • Iron Ore Mining and Pelletizing: Operating open-pit iron ore mines and processing plants across the Marquette Iron Range in Michigan and the Mesabi Iron Range in Minnesota, producing custom blast furnace and direct-reduction grade iron ore pellets for internal steelmaking consumption.
  • Direct Reduced Iron Production: Operating the Toledo Direct Reduction plant in Ohio to convert iron ore pellets into high-quality Hot Briquetted Iron, delivering a low-carbon, low-impurity metallic feed material for integrated blast furnaces and electric arc furnaces.
  • Tooling, Stamping, and Tubular Components: Fabricating engineered automotive assemblies, hot-stamped structural components, complex metal stampings, and welded steel tubing across specialized manufacturing plants in the United States, Canada, and Mexico to serve tier-one automotive supply chains.

Cleveland-Cliffs executive team

  • Mr. C. Lourenco GoncalvesChairman, President & CEO
  • Mr. Celso L. Goncalves Jr.Executive VP & CFO
  • Mr. Clifford T. SmithExecutive VP & COO
  • Mr. James D. Graham J.D.Executive VP, Chief Legal & Administrative Officer and Secretary
  • Mr. Keith A. Koci CPAExecutive VP & President of Cleveland-Cliffs Services
  • Ms. Kimberly A. FlorianiSenior VP, Corporate Controller & Chief Accounting Officer
  • Mr. Terry G. FedorExecutive Vice President of Engineering & Technology
  • Ms. Patricia PersicoSenior Director of Corporate Communications
  • Mr. Robert H. FischerExecutive VP of Human Resources & Labor Relations
  • Mr. Paul FinanExecutive Vice President of Strategic Development