Cleveland-Cliffs announced today that it has appointed renowned private equity executive, labor and political advisor Ron Bloom to its Board of Directors, effective immediately. With the addition of Mr. Bloom, the Cleveland-Cliffs' Board of Directors is now comprised of eleven members, of which ten are independent directors. After graduating with [...]
Cleveland-Cliffs Inc. today announced that it is increasing current spot market base prices for all carbon hot rolled, cold rolled and coated steel products, effective immediately with all new orders. Cliffs' minimum base price for hot rolled steel is now $1,150 per net ton. About Cleveland-Cliffs Inc. Cleveland-Cliffs is the largest flat-rolled [...]
Cleveland-Cliffs Inc. issued the following statement regarding the announced proposed acquisition of U.S. Steel by Nippon Steel. Lourenco Goncalves, Chairman, President of CEO of Cleveland-Cliffs, said, "We identified U.S. Steel as an extremely undervalued company with significant synergy potential when combined with Cleveland-Cliffs, creating a [...]
Cleveland-Cliffs announced today that the U.S. Department of Energy is featuring the Company in its Better Climate Challenge Road Show series. The Better Climate Challenge Road Show showcases real-world pathways for public and private organizations to decarbonize their buildings and plants. As a partner in the Better Climate Challenge [...]
Cleveland-Cliffs Inc. today announced that it is increasing current spot market base prices for all carbon hot rolled, cold rolled and coated steel products, effective immediately with all new orders. Cliffs' minimum base price for hot rolled steel is now $1,100 per net ton. About Cleveland-Cliffs Inc. Cleveland-Cliffs is the largest flat-rolled [...]
Cleveland-Cliffs Inc. today announced that it is increasing current spot market base prices for all carbon hot rolled, cold rolled and coated steel products, effective immediately with all new orders. Cliffs' minimum base price for hot rolled steel is now $1,000 per net ton. About Cleveland-Cliffs Inc. Cleveland-Cliffs is the largest flat-rolled [...]
Cleveland-Cliffs Inc. today announced that it is increasing current spot market base prices for all carbon hot rolled, cold rolled and coated steel products, effective immediately with all new orders. Cliffs' minimum base price for hot rolled steel is now $900 per net ton. About Cleveland-Cliffs Inc. Cleveland-Cliffs is the largest flat-rolled [...]
Cleveland-Cliffs announced today that the U.S. Department of Energy has recognized the Company as a GHG Emissions Reduction 2023 Goal Achiever through its Better Buildings Initiative and Better Climate Challenge. The Company achieved its first DOE goal by reducing its absolute scope 1 and 2 GHG emissions by 32 percent by year-end 2022 from a 2017 [...]
Cleveland-Cliffs Inc. today reported third-quarter results for the period ended September 30, 2023. Selected financial results for the third quarter of 2023 include: Revenues of $5.6 billion Steel shipments of 4.1 million net tons, including record automotive shipments Net income of $275 million Earnings per diluted share attributable to Cliffs [...]
Cleveland-Cliffs Inc. today announced that it is increasing current spot market base prices for all carbon hot rolled, cold rolled and coated steel products, effective immediately with all new orders. Cliffs' minimum base price for hot rolled steel is now $800 per net ton. About Cleveland-Cliffs Inc. Cleveland-Cliffs is the largest flat-rolled [...]
Cleveland-Cliffs applauds today's announcement by the Department of Energy that it has awarded funding under the Bipartisan Infrastructure Law for several hydrogen hubs, including the Midwest Alliance for Clean Hydrogen . MachH2 is expected to generate numerous sources of clean hydrogen production across the U.S. Midwest, including in Northwest [...]
Cleveland-Cliffs Inc. will announce its third-quarter 2023 earnings results after the U.S. market close on Monday, October 23, 2023. The Company invites interested parties to listen to a live broadcast of a conference call with securities analysts and institutional investors to discuss the results on Tuesday, October 24, 2023, at 8:30 am ET. The [...]
