OverviewSuggest Edit

Cleveland-Cliffs is an international mining and natural resources company. The Company operates four iron ore mines in Michigan and Minnesota; and Koolyanobbing iron ore mining complex located in Western Australia. It sells its products to integrated steel companies and steel producers in the United States and the Asia Pacific.

TypePublic
Founded1850
HQCleveland, US
Websiteclevelandcliffs.com
Employee Ratings3.3

Locations

Cleveland-Cliffs is headquartered in
Cleveland, United States

Location Map

Latest Updates

Employees (est.) (Dec 2019)2,372(-18%)
Job Openings19
Revenue (FY, 2019)$2 B(-14%)
Share Price (Oct 2020)$7.6 (+2%)
Cybersecurity ratingCMore

Key People/Management at Cleveland-Cliffs

Lourenco Goncalves

Lourenco Goncalves

Chairman, President and CEO
Douglas Taylor

Douglas Taylor

Lead Director
Clifford T. Smith

Clifford T. Smith

Executive Vice President, Chief Operating Officer
James Graham

James Graham

Executive Vice President, Chief Legal Officer & Secretary
John T. Baldwin

John T. Baldwin

Director
Keith A. Koci

Keith A. Koci

Executive Vice President, Chief Financial Officer
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Cleveland-Cliffs Office Locations

Cleveland-Cliffs has an office in Cleveland
Cleveland, US (HQ)
200 Public Square, 200 Public Square #3300
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Cleveland-Cliffs Financials and Metrics

Cleveland-Cliffs Revenue

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Cleveland-Cliffs's revenue was reported to be $1.99 b in FY, 2019
USD

Revenue (Q2, 2020)

1.1b

Gross profit (Q2, 2020)

(114.8m)

Gross profit margin (Q2, 2020), %

(10.5%)

Net income (Q2, 2020)

(108.1m)

EBIT (Q2, 2020)

(208.4m)

Market capitalization (16-Oct-2020)

3.0b

Closing stock price (16-Oct-2020)

7.6

Cash (30-Jun-2020)

73.7m

EV

7.4b
Cleveland-Cliffs's current market capitalization is $3 b.
USDQ2, 2010

Financial Leverage

1.9 x
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Cleveland-Cliffs Acquisitions / Subsidiaries

Company NameDateDeal Size
ArcelorMittalSeptember 28, 2020$1.40 b
Consolidated Thompson Iron Mines LimitedJanuary 11, 2011
PinnOak ResourcesJuly 31, 2007

Cleveland-Cliffs Cybersecurity Score

Cybersecurity ratingPremium dataset

C

79/100

SecurityScorecard logo

Cleveland-Cliffs Online and Social Media Presence

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Cleveland-Cliffs News and Updates

Cleveland-Cliffs CEO Says Focus After ArcelorMittal Deal is Emissions

Cleveland-Cliffs CEO Says Focus After ArcelorMittal Deal is Emissions

Thinking about buying stock in Lithium Americas Corp, WPX Energy, Tilray, Cleveland-Cliffs, or Blink Charging?

NEW YORK, Sept. 28, 2020 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for LAC, WPX, TLRY, CLF, and BLNK. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link....

Cleveland-Cliffs to buy U.S. assets of ArcelorMittal for about $1.4 billion

Cleveland-Cliffs Inc, the largest U.S. producer of iron ore pellets, said on Monday it had agreed to buy the U.S. assets of world's largest steelmaker ArcelorMittal SA for about $1.4 billion.

Cleveland-Cliffs to Buy ArcelorMittal USA for $1.4 Billion

Cleveland-Cliffs to Buy ArcelorMittal USA in $1.4 Billion Deal

Cleveland-Cliffs sell an additional $120 million in 6.75% notes due 2026

Iron ore producer Cleveland-Cliffs Inc. said Tuesday it plans to sell an additional $120 million in senior secured notes due 2026. The company said it expects to use the proceeds from the additional notes to finance the construction of its hot briquetted iron production plant. The notes will be a…

Cleveland-Cliffs to raise flat-rolled steel prices by about 4%, at least

Cleveland-Cliffs Inc. said Thursday that its AK Steel subsidiary is increasing spot market base prices for all carbon flat-rolled steel products by a minimum of $40 per ton, effective immediately. That suggests prices are rising by at least 4%, as the iron ore mining company said the average net se…
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Cleveland-Cliffs Frequently Asked Questions

  • When was Cleveland-Cliffs founded?

    Cleveland-Cliffs was founded in 1850.

  • Who are Cleveland-Cliffs key executives?

    Cleveland-Cliffs's key executives are Lourenco Goncalves, Douglas Taylor and Clifford T. Smith.

  • How many employees does Cleveland-Cliffs have?

    Cleveland-Cliffs has 2,372 employees.

  • What is Cleveland-Cliffs revenue?

    Latest Cleveland-Cliffs annual revenue is $2 b.

  • What is Cleveland-Cliffs revenue per employee?

    Latest Cleveland-Cliffs revenue per employee is $838.9 k.

  • Who are Cleveland-Cliffs competitors?

    Competitors of Cleveland-Cliffs include BMM, Anglo American and American Resources Corporation.

  • Where is Cleveland-Cliffs headquarters?

    Cleveland-Cliffs headquarters is located at 200 Public Square, 200 Public Square #3300, Cleveland.

  • Where are Cleveland-Cliffs offices?

    Cleveland-Cliffs has an office in Cleveland.

  • How many offices does Cleveland-Cliffs have?

    Cleveland-Cliffs has 1 office.