CLF 📈 Cleveland-Cliffs - Overview

Cleveland-Cliffs Inc, a prominent player in the North American steel industry, boasts a diverse product portfolio that caters to a wide range of applications. The company's offerings include a variety of flat-rolled steel products, such as hot-rolled, cold-rolled, and coated steel, which are used in the production of automotive parts, construction materials, and consumer goods. Additionally, Cleveland-Cliffs produces advanced high-strength steel products, including austenitic, martensitic, and duplex stainless steel, which are highly sought after in the aerospace, defense, and energy sectors.

The company's product lineup also encompasses a range of steel plates, grain oriented and non-oriented electrical steel products, and tubular components, including carbon steel, stainless steel, and electric resistance welded tubing. Furthermore, Cleveland-Cliffs offers tinplate products, such as electrolytic tin coated and chrome coated sheet, as well as tooling and sampling services, ingots, rolled blooms, and cast blooms. Its hot-briquetted iron products are used as a raw material in the production of steel, while its slab, scrap, iron ore, coal, and coke are utilized in the steelmaking process.

Cleveland-Cliffs' customer base is equally diverse, comprising automotive manufacturers, infrastructure and construction companies, distributors and converters, and steel producers. The company's strategic location, with five iron ore mines in Minnesota and Michigan, enables it to maintain a stable supply of raw materials and respond quickly to changes in market demand. Founded in 1847, Cleveland-Cliffs has a long history of operating in the steel industry, and its commitment to innovation and customer satisfaction has earned it a reputation as a trusted supplier of high-quality steel products.

With its headquarters in Cleveland, Ohio, Cleveland-Cliffs is well-positioned to serve the North American market, and its website provides easy access to information on its products, services, and company news. As a publicly traded company listed on the New York Stock Exchange (NYSE) under the ticker symbol CLF, Cleveland-Cliffs is committed to transparency and accountability in its operations. The company's common stock is classified under the GICS Sub Industry: Steel, and its ISIN is US1858991011, making it easily identifiable for investors and industry analysts.