Business description: Cleveland-Cliffs Inc.

Cleveland-Cliffs Inc. is a steel producer with a focus on value-added sheet products, particularly for the automotive industry in North America. The Company is vertically integrated from the mining of iron ore, production of pellets and direct reduced iron, and processing of ferrous scrap through primary steelmaking and downstream finishing, stamping, tooling, and tubing. Its offering includes advanced high-strength steel, hot-dipped galvanized, aluminized, galvalume, electrogalvanized, galvanneal, hot-rolled coil (HRC), cold-rolled coil, plate, grain oriented electrical steel (GOES), non-oriented electrical steel (NOES), stainless steels, tool and die, stamped components, and slabs. Its Other Businesses primarily include the Tubular and Tooling and Stamping segments that provide customer solutions with carbon and stainless-steel tubing products, advanced-engineered solutions, tool design and build, hot- and cold-stamped steel components and complex assemblies.

Number of employees: 25,000

Sales by Activity: Cleveland-Cliffs Inc.

Fiscal Period: December 2021 (USD) 2022 (USD) 2023 (USD) 2024 (USD) 2025 (USD)

Steelmaking

19.9B 22.38B 21.33B 18.62B 18.06B

Other Businesses

543M 606M 665M 656M 657M

Eliminations

- - - -91M -110M

Geographical breakdown of sales: Cleveland-Cliffs Inc.

Fiscal Period: December 2021 (USD) 2022 (USD) 2023 (USD) 2024 (USD) 2025 (USD)

United States

18.88B 20.99B 20B 17.34B 15.89B

Canada

803M 963M 1.05B 1.07B 2.07B

Other Countries

760M 1.04B 950M 778M 652M

Executive Committee: Cleveland-Cliffs Inc.

Manager TitleAgeSince
Chief Executive Officer 68 2014-08-06
Director of Finance/CFO 38 2021-08-31
Chief Operating Officer 66 2018-12-31
Chief Administrative Officer 60 -
Investor Relations Contact - -

Composition of the Board of Directors: Cleveland-Cliffs Inc.

Director TitleAgeSince
Chairman 68 2014-08-06
Director/Board Member 69 2014-09-08
Director/Board Member 71 2020-03-12
Director/Board Member 68 2020-03-12
Director/Board Member 71 2024-01-02
Director/Board Member 46 2024-05-15
Director/Board Member 58 2025-01-02
Director/Board Member 57 2025-11-11

Shareholders: Cleveland-Cliffs Inc.

NameStocks%Valuation
BlackRock Advisors LLC
9.303 %
53,074,596 9.303 % 611 M $
SSgA Funds Management, Inc.
5.828 %
33,248,560 5.828 % 383 M $
5.828 %
33,248,516 5.828 % 383 M $
Slate Path Capital LP
4.98 %
28,410,081 4.98 % 327 M $
Vanguard Capital Management LLC
4.521 %
25,796,291 4.521 % 297 M $

Company details: Cleveland-Cliffs Inc.

Cleveland-Cliffs, Inc.

200 Public Square

44114-2315, Cleveland

+216 694 5700

http://www.clevelandcliffs.com
address Cleveland-Cliffs Inc.(CLF)

Group companies: Cleveland-Cliffs Inc.

NameCategory and Sector
Cliffs Mining Co.
Steel
Steel

Other Steel

Change 5-day change 1-year change 3-year change Capi.($)
+1.11%-3.70%+8.95%-21.97% 6.45B
+0.75%-6.67%+64.88%+49.08% 55.5B
-0.38%+1.33%+114.03%+159.85% 55.26B
+0.11%-8.03%+72.38%+125.78% 32.86B
+0.75%-9.32%+99.64%+719.83% 23.64B
+0.22%+0.16%+17.57%+57.63% 24.25B
+0.92%+0.33%+8.84%+0.21% 21.88B
+1.37%-0.60%+10.67%-42.66% 17.9B
+0.49%-5.08%+35.85%+233.57% 10.77B
+1.21%-3.82%+76.30%+66.45% 10.49B
Average +0.67%-5.01%+50.91%+134.78% 25.9B
Weighted average by Cap. +0.46%-5.21%+64.44%+140.61%
Trader
Investor
Global
Quality
ESG MSCI
BBB
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
13
Last Close Price
11.30USD
Average target price
11.90USD
Spread / Average Target
+5.31%

Quarterly revenue - Rate of surprise

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