Gold$2,045.30+0.52%
Silver$23.84-0.18%
Copper$3.85+1.23%
Platinum$912.40-0.33%
Iron Ore$118.50+2.14%
Nickel$16,892-0.89%
Cleveland-Cliffs Inc. logo

Cleveland-Cliffs Inc.

CLFLarge CapIron Ore

Price History

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About Cleveland-Cliffs Inc.

Overview

Cleveland-Cliffs Inc. is the largest flat-rolled steel producer in North America and the largest iron ore pellet producer in the United States. Following transformational acquisitions of ArcelorMittal USA, AK Steel, and the steelmaking assets of ArcelorMittal Cleveland, the company is now vertically integrated from iron ore mining through steel production and manufacturing. Cleveland-Cliffs is focused on supplying the automotive, infrastructure, and manufacturing sectors.

Operations

Cleveland-Cliffs operates iron ore mines in Michigan and Minnesota producing approximately 20-25 million long tons of iron ore pellets annually from operations including Northshore, United Taconite, Minorca, and Tilden mines. The company also operates multiple steel production facilities across the US including blast furnaces, electric arc furnaces, and rolling mills producing hot-rolled, cold-rolled, and coated steel products.

Strategy

The company's strategy emphasizes vertical integration from mine to finished steel products, optimizing the integrated supply chain to reduce costs and improve margins, serving key end markets particularly automotive with long-term contracts, investing in facility upgrades and technology, pursuing decarbonization initiatives including direct reduced iron, and maintaining strong relationships with domestic customers and labor unions.

Key Projects

Major projects include construction of the HBI (hot briquetted iron) direct reduction facility in Toledo, Ohio using natural gas to produce low-carbon iron units, modernization and upgrades at various steel facilities, evaluation of additional iron ore projects, potential expansion of pellet capacity, and investment in emissions reduction technologies. Cleveland-Cliffs is positioning to serve the domestic steel market with reduced carbon intensity.

Primary Commodities

Iron OreSteel

Financial Metrics

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Press Releases

PRESS RELEASE

Here's Why Cleveland-Cliffs (CLF) Fell More Than Broader Market

Cleveland-Cliffs (CLF) closed at $8.46 in the latest trading session, marking a -5.16% move from the prior day.

Yahoo Finance15 hours ago
PRESS RELEASE

Cleveland-Cliffs (CLF) Declines More Than Market: Some Information for Investors

In the most recent trading session, Cleveland-Cliffs (CLF) closed at $8.92, indicating a -3.88% shift from the previous trading day.

Yahoo Finance1 day ago
PRESS RELEASE

Why Is Cleveland-Cliffs (CLF) Down 22.3% Since Last Earnings Report?

Cleveland-Cliffs (CLF) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Yahoo Finance5 hours ago
PRESS RELEASE

An Investor Just Bought $6 Million of This Stock That's Up 272% in a Year. Here's Whether It Still Has Room to Run

This communications infrastructure firm serves global network operators and enterprises with integrated hardware and software solutions.

Yahoo Finance23 hours ago
PRESS RELEASE

This Fund Initiated a $5 Million Stake in Compass Amid Record Fourth Quarter

Compass, Inc. delivers cloud-based software and brokerage services to real estate agents nationwide, emphasizing digital workflow solutions.

Yahoo Finance23 hours ago
PRESS RELEASE

Here is What to Know Beyond Why Cleveland-Cliffs Inc. (CLF) is a Trending Stock

Cleveland-Cliffs (CLF) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Yahoo Finance1 day ago
PRESS RELEASE

Cleveland Cliffs Board Shifts Oversight As Shares Flagged Undervalued

Cleveland Cliffs (NYSE:CLF) has changed its board leadership structure. Ralph "Mike" Michael III has been appointed Lead Independent Director. Edilson Camara has been appointed Chairman of the Compensation and Organization Committee. These appointments shift oversight of governance and executive pay to new board leaders. Cleveland Cliffs, an iron ore mining and steel company, is closely watched by investors who pay attention to how capital allocation, risk and management incentives are...

Yahoo Finance4 days ago
PRESS RELEASE

BofA Maintains a Neutral Rating on Cleveland-Cliffs Inc. (CLF)

Cleveland-Cliffs Inc. (NYSE:CLF) is among the 10 Best Steel Stocks to Buy Right Now. On February 12, 2026, BofA lowered Cleveland-Cliffs Inc. (NYSE:CLF)’s price objective to $13 from $14.50 while maintaining a Neutral rating. The analyst noted a relatively stretched balance sheet and said a potential partnership with POSCO could significantly improve the company’s financial […]

Yahoo Finance5 hours ago
PRESS RELEASE

Is It Time To Reassess Cleveland Cliffs (CLF) After Its Recent Share Price Slide

If you are wondering whether Cleveland-Cliffs is priced attractively right now, this article walks through the numbers so you can judge the value for yourself. The stock recently closed at US$10.66, with returns of 0.1% over 7 days, a 22.5% decline over 30 days, a 21.6% decline year to date and a 1 year return of a 1.7% decline. These moves have kept Cleveland-Cliffs on many investors' watchlists, especially as the stock has also recorded a 53.2% decline over 3 years and a 24.5% decline over...

Yahoo Finance7 hours ago
PRESS RELEASE

A Look At Cleveland-Cliffs (CLF) Valuation After Recent Share Price Weakness

Why Cleveland-Cliffs is on investors’ radar today Cleveland-Cliffs (CLF) has drawn fresh attention after recent share performance, with the stock showing a 3.5% decline over the past day and double digit declines over the past month and past 3 months. For investors watching the materials sector, those short term moves, together with the company’s current value score of 5 and its latest reported financials, are prompting closer scrutiny of what is currently priced into Cleveland-Cliffs...

Yahoo Finance7 hours ago

Quick Facts

Ticker Symbol
CLF
Market Cap
Large Cap
Category
Iron Ore
Commodities
Iron Ore, Steel
Headquarters
Cleveland, Ohio, USA
Founded
1847
Employees
~25,000

Operating Countries

USA

Producing Assets

  • Northshore Mine (USA)
  • United Taconite (USA)
  • Minorca Mine (USA)
  • Tilden Mine (USA)
  • Multiple steel facilities (USA)

Development Assets

  • HBI Facility Toledo (USA)
  • Various modernization projects

This information is for educational purposes only and does not constitute investment advice. Always conduct your own research before making investment decisions.

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