12.26
+6.98%
Close of 9 Nov 2026, in USD
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About Cleveland-Cliffs
From its filings with the US Securities and Exchange Commission
Cleveland-Cliffs is based in Cleveland, Ohio and is incorporated in Ohio. Its shares trade on NYSE under the ticker CLF. The SEC classifies its business as metal mining. In the fiscal year to 31 December 2025, it reported revenue of $18.61bn and a net loss of $1.48bn. At that date it held total assets of $20.01bn and shareholders' equity of $6.12bn. By region, United States accounted for 85.4%, followed by Canada at 11.1% and Other countries at 3.5%.
We are a leading North America-based steel producer with focus on value-added sheet products, particularly for the automotive industry. We are vertically integrated from the mining of iron ore, production of pellets and direct reduced iron, and processing of ferrous scrap through primary steelmaking and downstream finishing, stamping, tooling and tubing. Headquartered in Cleveland, Ohio, we employ approximately 25,000 people across our operations in the United States and Canada.
As a leading North America-based steel producer, we benefit from having the size and scale necessary in a competitive, capital intensive business. We have a unique vertically integrated profile from mined raw materials, direct reduced iron, and ferrous scrap to primary steelmaking and downstream finishing, stamping, tooling and tubing. This positioning gives us more predictable costs throughout our supply chain and more control over both our manufacturing inputs and our end-product destination.
Our primary competitive strength lies within our automotive steel business. We are a leading supplier of automotive-grade steel in the U.S. Compared to other steel end markets, automotive steel is generally higher quality, more operationally and technologically intensive to produce, and requires significantly more devotion to customer service than other steel end markets. This dedication to service and the infrastructure in place to meet our automotive customers’ demanding needs took decades to develop.
Quoted from its 10-K, filed 9 Feb 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Materials
- Industry
- Metals & Mining
- Listed since
- 27 Jul 1960
- Employees
- 25,000
- Website
- clevelandcliffs.com ↗
- Head office
- 200 PUBLIC SQUARE, CLEVELAND, OH, 44114-2315
- Incorporated in
- OH
- Classification
- Metal Mining
- Filer status
- Large accelerated filer
Leadership
Pay as last reported
- Mr. Lourenco GoncalvesChairman of the Board, President, Chief Executive Officer, since 2014$14.6m
- Mr. Celso GoncalvesChief Financial Officer, Executive Vice President$4.4m
- Mr. Clifford SmithChief Operating Officer, Executive Vice President$4.6m
- Mr. James GrahamExecutive Vice President, Chief Legal and Administrative Officer & Secretary$3.4m
- Mr. Terry FedorExecutive Vice President - Operations$3.9m
- Ms. Traci ForresterExecutive Vice President - Environmental and Sustainability
- Mr. Keith KociExecutive Vice President, President - Cleveland-Cliffs Services$3.8m
- Ms. Kimberly FlorianiSenior Vice President, Chief Accounting Officer, Controller
- Mr. Douglas TaylorLead Independent Director$419,988
- Mr. John BaldwinIndependent Director$329,988
- Mr. Ron BloomIndependent Director$343,595
- Ms. Jane CroninIndependent Director
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 76
- Environment
- 70
- Social
- 71
- Governance
- 88
- Direct emissions (scope 1)
- 26,200,000 t
- Energy emissions (scope 2)
- 4,000,000 t
- Carbon reduction policy
- Yes
- Human rights policy
- Yes
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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