Cleveland-Cliffs (NYSE:CLF) is a vertically integrated steel producer headquartered in Cleveland, Ohio. The company mines and processes iron ore, produces iron ore pellets, and manufactures steel products for customers primarily in North America. Its operations include integrated steel mills, electric arc furnaces, finishing facilities, and related processing and distribution capabilities.
The company produces a broad range of flat-rolled carbon steel products, including hot-rolled, cold-rolled, and coated steel. Cleveland-Cliffs also supplies automotive-grade steel, electrical steel, tinplate, stainless steel, and other specialized products used in vehicles, appliances, construction, infrastructure, energy, and industrial equipment. Its downstream businesses provide stamping, tooling, engineering, and other services, particularly for automotive manufacturers.
Cleveland-Cliffs traces its roots to an iron-mining business established in 1847. The company expanded from mining into steel production through acquisitions and strategic investments, including its acquisition of AK Steel in 2020 and the U.S. operations of ArcelorMittal later that year. Cleveland-Cliffs operates mining and manufacturing facilities across the United States and serves a broad base of industrial and commercial customers. Lourenco Goncalves has served as the company's chairman, president, and chief executive officer since 2014.
