Cleveland-Cliffs Inc. Quarterly report pursuant to Section 13 or 15(d)

REVENUES (Tables)

3 Months Ended

Mar. 31, 2021

The following table represents our Revenues by market:


	(In Millions)
	Three Months Ended March 31,
	2021		2020
Steelmaking:
Automotive	$	1,287	$	102
Infrastructure and manufacturing	954		39
Distributors and converters	1,248		52
Steel producers	430		144
Total Steelmaking	3,919		337
Other Businesses:
Automotive	105		16
Infrastructure and manufacturing	10		4
Distributors and converters	15		2
Total Other Businesses	130		22
Total revenues	$	4,049	$	359

The following table represents our Revenues by product line:


	(Dollars In Millions, Sales Volumes in Thousands)
	Three Months Ended March 31,
	2021			2020
	Revenue		Volume1	Revenue		Volume1
Steelmaking:
Hot-rolled steel	$	895	1,182	$	19	31
Cold-rolled steel	632		748	28		40
Coated steel	1,308		1,369	90		99
Stainless and electrical steel	363		167	56		27
Plate steel	244		275	—		—
Other steel products	289		403	—		—
Iron products	70		600	142		1,351
Other	118		N/A	2		N/A
Total steelmaking	3,919			337
Other Businesses:
Other	130		N/A	22		N/A
Total revenues	$	4,049		$	359

1 All steel product volumes are stated in net tons. Iron product volumes are stated in long tons.