Cleveland-Cliffs (NYSE:CLF) is a leading vertically integrated producer of iron ore and steel products in North America. Founded in 1847, the company originally focused on extracting rich iron ore from the Lake Superior region. Over the decades, Cleveland-Cliffs expanded its operations through strategic acquisitions and investments, building a highly integrated platform that spans mining, pelletizing, direct reduction, and steelmaking. Today, it stands as a key supplier of flat-rolled steel and value-added steel products, serving a broad array of industrial markets.
The company’s core steel offerings include hot-rolled, cold-rolled and coated steel, as well as plate products. These materials are used in automotive bodies, infrastructure projects, appliance manufacturing and packaging applications. By controlling the entire chain from raw ore to finished steel, Cleveland-Cliffs is able to optimize production costs and maintain consistent quality standards. The company also invests in advanced technologies and sustainable practices to reduce emissions and improve energy efficiency across its facilities.
Cleveland-Cliffs operates an extensive network of iron ore mines in Minnesota and Michigan, steelmaking plants in Ohio, Indiana, and Pennsylvania, and processing facilities in Canada and Mexico. This geographic reach enables it to serve customers throughout the continental United States and beyond, delivering just-in-time supply and technical support. The company’s logistics capabilities include rail, port and barge terminals that facilitate efficient movement of both raw materials and finished products.
Under the leadership of Chairman and CEO Lourenco Goncalves since 2014, Cleveland-Cliffs has pursued a growth strategy centered on vertical integration and operational excellence. Goncalves has guided the company through several transformative acquisitions, including the integration of U.S. Steel’s assets and the purchase of major steelmaking operations, strengthening its position in critical end markets. With a focus on innovation and sustainability, Cleveland-Cliffs continues to evolve as a pivotal supplier in the North American steel industry.
