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Cleveland-Cliffs was named to the Fortune 500 list, once again among the top 200 companies. Cleveland-Cliffs’ 2022 revenue of $23 billion earned Cleveland-Cliffs the ranking of 170 on the list for 2023. The Fortune 500 list ranks companies that are incorporated and operate in the U.S. by total revenues for their respective fiscal years. In partnership with Fortune Brand Studio, Lourenco Goncalves, Chairman, President and CEO of Cleveland-Cliffs, sat down with Fortune CEO Alan Murray to talk about the Company's achievement, along with how Cleveland-Cliffs is prioritizing sustainability, protecting jobs, and innovating to meet the evolving needs of its main market, the automotive industry. For more information, click on the link below to be taken to CLF’s Profile Page on Fortune, or see our Fortune 500 Listing.
Cleveland-Cliffs MOTOR-MAX high frequency, non-oriented electrical steels (HF NOES) offer a variety of steel grades specifically developed for high frequency motors and generators. Optimized for performance in EV traction motors, aircraft generators and other rotating equipment, MOTOR-MAX steel offers three distinctive insulative coatings for maximum design flexibility. Cleveland-Cliffs is the only U.S.-based producer of HF NOES grade steel like MOTOR-MAX.