
About Cleveland-Cliffs
Cleveland-Cliffs is a publicly listed company based in Cleveland (United States) founded in 1847. It operates as an iron ore pellets and HBI are produced in North America. The company has 30,000 employees. Cleveland-Cliffs has completed 5 acquisitions, including AK Steel, ArcelorMittal USA and Ferrous Processing & Trading. Its chief executive is Lourenco Goncalves. Its website clevelandcliffs.com draws about 33 thousand monthly visits. Cleveland-Cliffs offers products and services including Steel Products and Sustainability Services. Its focus areas include Chemicals and Materials, Metals and Alloys and Precious Metals. Its legal entity is Cleveland-Cliffs Inc.
Company details
Cleveland-Cliffs was founded in 1847 and is headquartered in Cleveland, United States. Operations focus on the iron ore sector, where pellets and hot briquetted iron (HBI) are mined and processed. As one of the largest pellet producers in North America, shipments support steelmaking. In 2022, revenues reached 22.33 billion, with net profit at 0.48 billion. Leadership is provided by CEO Lourenco Goncalves.
- Headquarters Cleveland, United States
- Employees 30,000
- Stage Public
- SectorsIndustrial Goods & Manufacturing
- Phoneβ’β’β’β’ β’β’β’β’
- Website clevelandcliffs.com
- Social LinkedIn X
- Legal Name Cleveland-Cliffs Inc.
Products & Services of Cleveland-Cliffs
Cleveland-Cliffs offers a comprehensive portfolio of products and services, including Steel Products and Sustainability Services.
Steel products are produced for high-end automotive and appliance applications, including through new annealing lines that utilize hydrogen processing.
Sustainability reports and practices are managed, focusing on environmental and social governance priorities as outlined in annual reporting.
Funding Insights of Cleveland-Cliffs
- Total Rounds 7
- Last Round Post-IPO β $1.8M
- First Round $50,001
(Feb 2003)
- Investors Count 2
All 7 funding rounds of Cleveland-Cliffs with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
2 investors in total: 2 institutional.
Investors in Cleveland-Cliffs
Cleveland-Cliffs has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include FEMA and OSTI.GOV.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Federal emergency management and disaster response are coordinated nationwide. | 1979 | fema.gov | - | |
Scientific and technical information is managed and disseminated by OSTI.GOV. | – | osti.gov | Oak Ridge, United States |
Investor details for Cleveland-Cliffs
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People of Cleveland-Cliffs
329 people are tracked at Cleveland-Cliffs (53 in leadership, 276 in team); the tracked headcount is 30,000.
| Name | Role | Group |
|---|---|---|
Lourenco Goncalves | CEO & President | Leadership |
Steve Taylor | Vice President Supply Chain | Leadership |
Arun Balakrishnan | Director | Leadership |
Clifford T. Smith | EVP & COO | Leadership |
Paulo Blanc | Director Of IT Corporate Applications | Leadership |
James Kerr | Director, Investor Relations | Leadership |
Neil Chesterfield | Director - Corporate Fp&a | Leadership |
Celso Goncalves | EVP & CFO | Leadership |
Arlene Yocum | Director | Leadership |
Kim Floriani | Senior Vice President, Controller & Chief Accounting Officer | Leadership |
Ron Hogerty | Director - Marine Logistics | Leadership |
Conrad Victor | Sr. Director - Rail Logistics & Customs | Leadership |
James Graham | EVP, Chief Legal Officer & Secretary | Leadership |
Keith A. Koci | EVP & President, Cleveland-Cliffs Services | Leadership |
Cyril Martinand | Enterprise Director Procurement | Leadership |
Wallace Clenio de Melo | Senior Director For Strategic Projects And PMO | Leadership |
Brendan R. Carter | Senior Director, Corporate Human Resources | Leadership |
Daniel Bilewicz | Director, IT Controls & Project Office (pmo) | Leadership |
J.b. Chronister | Senior Director Business Development | Leadership |
Tushar Mondhe | Director - Operations Finance Mining | Leadership |
309 more people are available in the full profile.
Complete people profiles for Cleveland-Cliffs
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IPO & Listings of Cleveland-Cliffs
Cleveland-Cliffs is a publicly listed company on the NYSE with ticker symbol CLF in USA, operating in the Non-energy minerals sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date06 Apr 2009
- Listed onEuronext: CLF
- Listed entityCleveland-Cliffs Inc.
- Exchange sectorNon-energy minerals
- ISINUS1858991011
- Share price$12.86 (-0.23% on the day) · 2026-10-13
- Market capitalisation$7.34B
- EPS (diluted, trailing year)$-1.62
- Volume (last session)14,554,078
Financials of Cleveland-Cliffs
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $18.61B | -$1.48B | -$45.0M |
| 2024 | $19.18B | -$760.0M | $654.0M |
| 2023 | $22.00B | $399.0M | $1.87B |
| 2022 | $22.99B | $1.33B | $2.75B |
| 2021 | $20.44B | $2.99B | $5.07B |
Detailed financial statements for Cleveland-Cliffs
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Investments & Acquisitions by Cleveland-Cliffs
Cleveland-Cliffs has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include AK Steel, ArcelorMittal USA and Ferrous Processing & Trading.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Steel products are manufactured for diverse industrial applications. | stelco.com | Toronto, Canada | 1910 | Jul 2024 | β’β’β’β’ | |
Metal recycling services are provided in Detroit since 1904. | fptscrap.com | Detroit, United States | 1904 | Oct 2021 | $775M | |
Manufacturer of steel and steel products | usa.arcelormittal.com | Luxembourg | 2006 | Sep 2020 | β’β’β’β’ | |
Steel plant | aksteel.com | West Chester, United States | 1899 | Dec 2019 | β’β’β’β’ | |
Financial information resources are provided to support financial decision-making. | spiderresources.com | Portland, United States | 1992 | Jul 2010 | $125M |
Complete acquisition details for Cleveland-Cliffs
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Timeline of Cleveland-Cliffs
9 dated milestones of Cleveland-Cliffs across 178 years, from founding to its latest funding, stage changes and deals.
- Founded Cleveland-Cliffs is founded.
- Funding First funding round of $50K.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Spider Financial Info Resources.
- Acquisition Acquires AK Steel.
- Acquisition Acquires ArcelorMittal USA.
- Acquisition Acquires Ferrous Processing & Trading.
- Acquisition Acquires Stelco.
- Funding Latest funding round, Post-IPO, of $1.8M.
Web traffic of Cleveland-Cliffs
The website of Cleveland-Cliffs (clevelandcliffs.com) receives about 33K visits a month.
- Monthly visits33K
▼ 19.1% vs previous month
Websites whose visitors overlap most with Cleveland-Cliffs. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
bhdp.com | bhdp.com | 100% | – | #2,979,689 | β |
| hydrogen-central.com | 88% | 680.7K | #1,530,686 | View details | |
| narmco.com | 81% | – | – | View details | |
| benjaminsteel.com | 81% | 2.5K | #6,069,309 | View details | |
| woodmac.com | 81% | 271.8K | #179,610 | View details | |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
All 7 similar websites and full traffic analytics for Cleveland-Cliffs
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Top companies in Metals & Minerals
10 companies that operate in the same segment as Cleveland-Cliffs (Metals & Minerals), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
3M is recognized as a global leader in industrial innovation. | 1902 | United States | – | USD 24.95 B | 74 | |
Diversified products are provided across health, lighting, and consumer sectors. | 1891 | Amsterdam, Netherlands | – | USD 20.95 B | 67,820 | |
Diversified conglomerate operating across multiple industries | 1919 | Tokyo, Tokyo, Japan | – | USD 45.77 B | 73 | |
Traditional conglomerate services are provided across multiple sectors by Mitsui. | 1947 | Chiyoda, Tokyo, Japan | – | USD 87.78 B | 146 | |
Metals and minerals are produced and supplied worldwide. | 1974 | Baar, Zug, Switzerland | USD 2.2 B | USD 252.73 B | 150,000 | |
Multiple real estate strategies are pursued by Al-Futtaim. | 1930 | Dubai, Dubai, United Arab Emirates | USD 500 M | – | – | |
Mineral-based specialty solutions are supplied for industrial applications. | 1880 | Paris, France | USD 1.56 B | USD 3.97 B | 12,900 | |
Manufacturer of pipes, plates & coils, and home textile products | 1985 | Mumbai, Maharashtra, India | USD 544.43 M | – | 6,934 | |
Private equity firm focused on energy, chemical, semiconductor, logistics, and multiple sectors | 1953 | Seoul, South Korea | – | USD 14.38 M | 1 | |
Chemical and casting products are manufactured, with shipping operations managed. | 1962 | Chennai, Tamil Nadu, India | USD 573.4 M | USD 1.43 B | 180 |
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Related news about Cleveland-Cliffs
Complete news archive for Cleveland-Cliffs
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Frequently Asked Questions about Cleveland-Cliffs
Cleveland-Cliffs was founded in 1847 and raised its 1st funding round 156 years after it was founded.
Cleveland-Cliffs is headquartered in Cleveland, United States. It is registered at Cleveland, Ohio, United States.
Lourenco Goncalves is the current CEO of Cleveland-Cliffs.
Cleveland-Cliffs has 30,000 employees.
Annual revenue of Cleveland-Cliffs is $18.61B as on Dec 31, 2025.
Cleveland-Cliffs was founded in 1847 and is headquartered in Cleveland, United States. Operations focus on the iron ore sector, where pellets and hot briquetted iron (HBI) are mined and processed. As one of the largest pellet producers in North America, shipments support steelmaking. In 2022, revenues reached 22.33 billion, with net profit at 0.48 billion. Leadership is provided by CEO Lourenco Goncalves.
Cleveland-Cliffs offers Steel Products and Sustainability Services.
Yes, Cleveland-Cliffs is publicly traded on NYSE under the ticker symbol CLF.
Cleveland-Cliffs has made 5 acquisitions, including AK Steel, ArcelorMittal USA, and Ferrous Processing & Trading.
Cleveland-Cliffs operates through Cleveland-Cliffs Inc.
