Cleveland-Cliffs Reports First-Quarter 2024 Results and Announces New $1.5 Billion Share Repurchase Program

Cleveland-Cliffs has received several prestigious industry awards for its business and financial performance.

Annual S&P Global Platts Global Metals Awards 

The Global Metals Award program recognizes exemplary performance in the metals and mining industry. Cleveland-Cliffs took top honors in three categories.

2021: The Deal of the Year Award
Recognizing the significance and success of the Company’s 2020 acquisitions.

2021: Metals Company of the Year
Selecting a company for all-around excellence in executing a total metals strategy.

2021: CEO/Chairperson of the Year
Honoring a leader who is highly respected by both peers and competitors, admired and followed by employees, trusted by investors and welcomed by the community. Mr. Goncalves was recognized for his leadership and taking decisive action and adapting to market shifts by balancing long-term growth with short-term challenges.

General Motors Supplier of the Year

GM recognized the best and distinguished global suppliers with the highest quality and innovation in the automotive industry. This is the fourth consecutive year Cleveland-Cliffs/AK Steel has received this award.

Association for Iron & Steel Technology (AIST) Steelmaker of the Year

The Steelmaker of the Year award recognizes prominent leaders and their contribution to the steel industry. Mr. Goncalves was honored for his distinguished career, strong leadership, passion and outstanding contributions to the global mining and steel industries for more than 30 years.

Fastmarkets Global Awards for Steel Excellence - Advocate of the Year

The Steel Excellence awards honor truly exceptional and the “best of the best” steel industry thought leaders and organizations.

Mr. Goncalves was named Advocate of the Year for his longtime leadership within the steel industry and transformation of Cliffs into a leading steel company.

Fastmarkets Global Awards for Steel Excellence - Scrap Company of the Year

The Steel Excellence awards honor truly exceptional and the “best of the best” steel industry thought leaders and organizations.

Ferrous Processing and Trading Co. was recognized by steel producers, service centers, scrap companies, pipe and tube producers and suppliers of materials and services in the steel industry.

Association of Steel Distributors (ASD) Steel Executive of the Year

This award, received by Mr. Goncalves, recognizes distinguished individuals who have made lasting contributions to the steel distribution industry over a significant period of time.

General Motors Supplier of the Year

GM recognized the best and distinguished global suppliers with the highest quality and innovation in the automotive industry. This is the sixth consecutive year Cleveland-Cliffs has received this award.

Willy Korf/Ken Iverson Steel Vision Award

2022: Mr. Goncalves was presented with the award, which honors individuals who have made significant contributions to the steel industry while promoting goodwill and integrity.