Cleveland-Cliffs Inc. CLF

CLF Company Overview

Cleveland-Cliffs Inc. is a vertically integrated steel producer and iron ore mining company headquartered in Cleveland, Ohio. The company operates primarily in the North American steel industry and is one of the largest suppliers of flat-rolled steel products in the United States. Cleveland-Cliffs manufactures steel used in automotive, infrastructure, manufacturing, construction, appliance, and energy markets. Its operations span iron ore mining, pellet production, steelmaking, stamping, tooling, and downstream steel processing, giving the company significant control across the steel value chain.

The company’s primary revenue drivers are flat-rolled steel products, including hot-rolled, cold-rolled, coated, stainless, electrical, and plate steel products. Cleveland-Cliffs also produces iron ore pellets for internal consumption and external customers. The company’s strategic positioning is based on vertical integration, domestic manufacturing scale, and long-standing relationships with major automotive original equipment manufacturers (OEMs). Originally founded in 1847 as a mining company focused on iron ore extraction around the Great Lakes region, Cleveland-Cliffs evolved into a fully integrated steelmaker through the acquisitions of AK Steel Holding Corporation in 2020 and the U.S. assets of ArcelorMittal USA later that same year.