Cleveland-Cliffs Announces the Acquisition of Stelco  View News Release View Announcement Presentation Webcast

Second Quarter 2024 Earnings Conference Call

Jul 23, 2024 8:30 am EDT

Latest Results

$5.2B

First-quarter 2024 consolidated revenues were $5.2 billion, compared to $5.1 billion in the fourth quarter of 2023.

$414M

First-quarter 2024 Adjusted EBITDA* was $414 million, compared to $279 million in the fourth quarter of 2023.

Source: 10-Q 2024 & First-Quarter 2024 Earnings Release

For complete information regarding our financials, see our periodic filings

Latest Annual Filing

For Fiscal Year Ending Dec 31, 2023

Report Links

View 10-K
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About Cleveland-Cliffs

Cleveland-Cliffs is the largest flat-rolled steel producer in North America and a leading supplier of automotive-grade steel. The Company is vertically integrated, from raw materials and scrap to primary steelmaking and downstream finishing, stamping, tooling, and tubing. The Company serves a diverse range of markets due to its comprehensive offering of flat-rolled steel products. Headquartered in Cleveland, Ohio, Cleveland-Cliffs employs approximately 28,000 people across its mining, steel and downstream manufacturing operations in the United States and Canada.

Cleveland-Cliffs received several prestigious industry awards for its performance.

View company profile

Cleveland-Cliffs at a Glance

28K

Employees across our mining, scrap, steel, and downstream manufacturing operations in the U.S. and Canada.

56

Operating Facilities

As of Dec. 31, 2023 • 10-K 2023

Cleveland-Cliffs Company Performance in FY 2023

Total Steel Shipments

Net Tons (Millions)

Revenues by Product Line

  • Coated: 29%
  • Hot-rolled: 36%
  • Cold-rolled: 15%
  • Stainless/Electrical: 4%
  • Plate: 5%
  • Other, including Slabs and Rail: 11%

Revenue by Market

  • Direct Automotive: 36%
  • Distributors and Converters: 25%
  • Infrastructure and Manufacturing: 26%
  • Steel Producers: 13%

As of Dec. 31, 2023 • 10-K 2023

IR Contacts

Corporate Office

Cleveland-Cliffs Inc.
200 Public Square
Suite 3300
Cleveland, OH 44114
T: (216) 694-5700
info@clevelandcliffs.com

Investor Relations

Paul Finan
Senior Vice President of Finance

James Kerr
Director, Investor Relations
ir@clevelandcliffs.com

Transfer Agent

Broadridge Corporate Issuer Solutions
P.O. Box 1342
Brentwood, NY 11717
T: 303-562-9695
shareholder@broadridge.com
https://shareholder.broadridge.com/clf/