Cleveland-Cliffs Inc.
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
Financial Metrics
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Press Releases
1 Cash-Rich Industrial Titan Under $40 to Buy Hand Over Fist to Capitalize on the New Trump Tariff Supercycle
President Trump’s second-term trade agenda has hardened into a structural policy regime, with U.S. steel imports sitting at their lowest levels since the global financial crisis. That backdrop has turned the under-$40 corner of the industrial market into one of the most asymmetric setups in the market, where a single multi-quarter pricing cycle can re-rate ... 1 Cash-Rich Industrial Titan Under $40 to Buy Hand Over Fist to Capitalize on the New Trump Tariff Supercycle
How Tariff Relief and GM Supplier Win Could Reshape Cleveland-Cliffs' (CLF) Investment Narrative
Cleveland-Cliffs recently benefited from reduced U.S. steel tariffs and a sector-wide steel rally, which together improved its competitive positioning and earnings outlook perceptions. Recognition as General Motors’ 2025 Supplier of the Year further underscored Cleveland-Cliffs’ entrenched role in North American automotive steel supply chains at a time when policy shifts are reshaping industry economics. We’ll now examine how the tariff reduction, combined with Cleveland-Cliffs’ strengthened...
Why Cleveland-Cliffs (CLF) Outpaced the Stock Market Today
In the latest trading session, Cleveland-Cliffs (CLF) closed at $14.43, marking a +1.98% move from the previous day.
Here’s What Pressured Cleveland-Cliffs (CLF) in Q1
Voya Investment Management, an investment management company, released its first-quarter 2026 investor letter for its “Voya MI Dynamic Small Cap Fund.” It is an actively managed US Small Cap core equity strategy. A copy of the letter can be downloaded here. The first quarter of 2026 was challenging for the equity markets as easing inflation […]
Cleveland-Cliffs Inc. (CLF) is Attracting Investor Attention: Here is What You Should Know
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.
Cleveland-Cliffs (CLF) Outpaces Stock Market Gains: What You Should Know
In the most recent trading session, Cleveland-Cliffs (CLF) closed at $13.6, indicating a +2.33% shift from the previous trading day.
Cleveland-Cliffs’ GM Award Highlights Auto Exposure And Debt-Cash Flow Tradeoff
Cleveland-Cliffs (NYSE:CLF) has been named General Motors' 2025 Supplier of the Year. This is Cleveland-Cliffs' ninth time receiving the award. The company is the only North American steel producer recognized by GM for 2025. Cleveland-Cliffs, a major U.S. steel producer and supplier to the automotive sector, is closely tied to trends in auto production and domestic manufacturing. Recognition from a large automaker like GM highlights the importance of reliable, high-quality steel in...
Barclays Says Cleveland-Cliffs (CLF) Deserves Lower Valuation Multiple Than Peers
Cleveland-Cliffs Inc. (NYSE:CLF) is included among the 10 Best Stocks Under $15 to Buy Right Now. On May 22, Barclays initiated coverage of Cleveland-Cliffs Inc. (NYSE:CLF) with an Underweight rating. It also set a $9 price target on the stock. The firm said it was encouraged by Cleveland-Cliffs’ cost improvement efforts and expected margin gains […]
Cleveland-Cliffs Awarded 2025 GM Supplier of the Year by General Motors
CLEVELAND, May 22, 2026--Cleveland-Cliffs Inc. (NYSE: CLF) was named 2025 GM Supplier of the Year by General Motors at its 34th annual Supplier of the Year event. Cleveland-Cliffs was the only North American steel producer recognized this year. This is the ninth time the company has received the award.
Cleveland-Cliffs (CLF) Up 11.2% Since Last Earnings Report: Can It Continue?
Cleveland-Cliffs (CLF) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
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
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.