Cleveland-Cliffs Reports Record Third-Quarter 2021 Results
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Cleveland-Cliffs is the Largest Flat‑Rolled Steel Producer in North America
Following the acquisitions of ArcelorMittal USA and AK Steel, and the completion of our Toledo Direct Reduction plant in 2020, Cleveland-Cliffs is a different company. We are a vertically integrated high-value steel enterprise. We have the unique advantage of being self-sufficient, beginning with the extraction of raw materials through the manufacturing of steel products, tubular components and stamping and tooling.
About Cleveland-Cliffs
Cleveland-Cliffs Reports Record Third-Quarter 2021 Results
- Record quarterly revenue of $6.0 billion
- Record quarterly net income of $1.3 billion
- Record quarterly adjusted EBITDA of $1.9 billion
Our Climate Commitment
Cleveland-Cliffs has a long history of providing a safe workplace, striving to be good stewards of the environment, and establishing strong and respectful relationships with our communities. Our commitment to sustainability is core to our values and business operations and it extends to our partnerships with stakeholders. We fully recognize climate change as one of the most important issues impacting our planet, which is why in January 2021, we announced an ambitious plan to reduce our greenhouse gas (GHG) emissions by 25% by 2030.
View SustainabilityCreating Innovative Steel Solutions
Cleveland-Cliffs has a world-class research and development team focused on bringing new steel products to the marketplace. We produce carbon, stainless, electrical, and third-generation advanced high-strength carbon and specialty steels for all major markets. We are the leader in the automotive steel marketplace and help our customers design lighter, more fuel-efficient vehicles that maintain superior strength and safety performance.
Careers
At Cleveland-Cliffs, we offer opportunities for high-performing individuals in a myriad of technical, skilled trade and professional disciplines. We foster an environment that empowers our employees to achieve their highest potential. Regardless of the location, employees will be presented with a challenging and rewarding environment. A competitive compensation package and opportunities for advancement lead to a positive, passionate career.
Careers at Cliffs