Cleveland-Cliffs Inc. announced today that it has appointed Edilson Camara to its Board of Directors, effective immediately. Mr. Camara will serve on the Board's Compensation and Organization Committee, further strengthening Cliffs' leadership in talent, governance and global industrial strategy. Mr. Camara is Chief Executive Officer Emeritus at Egon Zehnder, a top global executive search and leadership advisory firm, and [...]
Cleveland-Cliffs Inc. is pleased to announce that POSCO, Korea's largest steelmaker and the world's third largest steelmaker outside of China, is its strategic partner under the previously disclosed transformative Memorandum of Understanding. The MoU between the two companies was executed on September 17, 2025. With the recent completion of the new U.S. and Korea trade agreement, cooperation between the two nations [...]
Cleveland-Cliffs Inc. announced today the pricing of its underwritten public offering of 75,000,000 common shares, par value $0.125 per share , for expected gross proceeds of $964 million, before discounts and expenses. In addition, Cliffs has also granted the underwriter a 30-day option to purchase up to an additional 11,250,000 Common Shares. The Offering is expected to close on October 31, 2025, subject to the [...]
Cleveland-Cliffs Inc. announced today that it intends to offer to sell, subject to market and other conditions, an additional $200 million aggregate principal amount of Senior Unsecured Guaranteed Notes due 2034 in an offering that is exempt from the registration requirements of the Securities Act of 1933 . The Additional Notes will be an issuance of Cliffs' existing 7.625% Senior Unsecured Guaranteed Notes due 2034 and [...]
Cleveland-Cliffs Inc. will announce its third-quarter 2025 earnings results before the U.S. market open on Monday, October 20, 2025. The Company invites interested parties to listen to a live broadcast of a conference call with securities analysts and institutional investors to discuss the results on the same morning, October 20, 2025, at 8:30 am ET. The call can be accessed at www.clevelandcliffs.com and will also be [...]
Cleveland-Cliffs Inc. applauded today's action by the U.S. Department of Commerce to include as derivative products subject to Section 232 steel tariffs electrical steel laminations and cores, as well as certain stainless steel automotive exhaust parts. Following a recent determination under the U.S. Department of Commerce's new Section 232 tariff inclusion process, effective today, steel content in these products will be [...]
Cleveland-Cliffs Inc. today announced that they will be live streaming the ribbon cutting event from its Coshocton Works facility tomorrow, Wednesday, July 2, at 11:00 AM ET. At the event, Cleveland-Cliffs Chairman and CEO Lourenco Goncalves will be hosting Ohio Governor Mike DeWine along with other distinguished guests, Cleveland-Cliffs' executives, employees, and key customers. Live Broadcast Details: This is an [...]
Cleveland-Cliffs Inc. will announce its second-quarter 2025 earnings results before the U.S. market open on Monday, July 21, 2025. The Company invites interested parties to listen to a live broadcast of a conference call with securities analysts and institutional investors to discuss the results on the same morning, July 21, 2025, at 8:30 am ET. The call can be accessed at www.clevelandcliffs.com and will also be archived [...]
Cleveland-Cliffs Inc. will announce its first-quarter 2025 earnings results after the U.S. market close on Wednesday, May 7, 2025. The Company invites interested parties to listen to a live broadcast of a conference call with securities analysts and institutional investors to discuss the results on Thursday, May 8, 2025, at 8:30 am ET. The call can be accessed at www.clevelandcliffs.com and will also be archived and [...]
Cleveland-Cliffs Inc. today announced a company-wide "Buy American" incentive for its nearly 30,000 employees. During the calendar year 2025, any Cleveland-Cliffs employee who purchases or leases a new American-built vehicle with substantial Cliffs' steel content will receive a $1,000 cash bonus in connection with the purchase. Lourenco Goncalves, Cliffs' Chairman, President and CEO said: "We are pleased to do our part to [...]
Cleveland-Cliffs Inc. provided the following statement regarding the recent developments related to the United States Government decision to prohibit the unlawful acquisition of the United States Steel Corporation by Nippon Steel of Japan: Lourenco Goncalves, Chairman, President and CEO stated: "As of this morning, Nippon Steel and U.S. Steel continue to play the blame game in a desperate attempt to distract from their [...]
Cleveland-Cliffs Inc. announced today that it has appointed Jane M. Cronin to its Board of Directors, effective immediately. Ms. Cronin is Senior Vice President - Finance of The Sherwin-Williams Company, a global manufacturer, developer, distributor and seller of paint, coatings and related products. Since joining Sherwin-Williams in 1989, Ms. Cronin held roles of increasing responsibility with her most recent position as [...]