Cleveland Cliffs
Cleveland Cliffs changed its name to Cliffs Natural Resources in 2008.
Latest News
Cleveland-Cliffs Signs for 180 MW of Wind Power, Advances Carbon Capture Project
07 December 2022 - Cleveland-Cliffs Inc. will buy 180 megawatts of wind energy under a long-term agreement and is developing a large-scale carbon capture project, the company announced on Wednesday.
Great Lakes Industry Group Will Pursue DOE Hydrogen Hub Grant
07 November 2022 - An industry-led consortium that includes Linde and Cleveland-Cliffs Inc. is moving ahead with an application for federal funding to support development of a hydrogen hub in the Great Lakes region.
United Steelworkers Members Accept Labor Agreement at Cleveland-Cliffs
12 October 2022 - Members of the United Steelworkers union have ratified a new four-year agreement with Cleveland-Cliffs Inc., the company said on Wednesday.
Cleveland-Cliffs, USW Shake Hands on Another Tentative Labor Agreement
09 September 2022 - Cleveland-Cliffs Inc. has reached a tentative labor agreement with United Steelworkers (USW)-represented employees at its legacy mining and pelletizing operations in northern Minnesota and the Michigan Upper Peninsula.
Cleveland-Cliffs, USW Reach Tentative Labor Agreement
29 August 2022 - Cleveland-Cliffs Inc. and the United Steelworkers union (USW) have reached a tentative, four-year agreement covering approximately 12,000 employees.
Goncalves: Electric Vehicle Makers Turning to Steel
23 August 2022 - Material substitution is an ever-present threat for the steel industry, but it may have an edge in one particular market, according to Cleveland-Cliffs Inc. chief executive Lourenco Goncalves.
Cliffs: Pent-Up Auto Demand Is Increasing, and So Will Its Bottom Line
22 July 2022 - Cleveland-Cliffs Inc.’s second-quarter profits declined 24% as increased prices for natural gas, electricity, scrap and alloys as well as other one-time charges tamped down earnings.
Steelworkers Union Heading to the Bargaining Table With U. S. Steel, Cleveland-Cliffs
17 June 2022 - United States Steel Corporation and Cleveland-Cliffs Inc. are gearing up for contract negotiations with the United Steelworkers union as multiple contracts are nearing their expiration dates, reports Argus Media.
Cleveland-Cliffs, NYSE Mark 175 Years in Business
04 May 2022 - In celebration of its 175th anniversary, Cleveland-Cliffs Inc. chairman and chief executive Lourenco Goncalves and other company executives rang the New York Stock Exchange (NYSE) closing bell on Tuesday.
Cleveland-Cliffs Reports First-Quarter Earnings Results
25 April 2022 - Cleveland-Cliffs Inc. on Friday reported first-quarter 2022 net income of US$1.50 per diluted share, up from US$0.07 per diluted share in the first quarter of 2021.
Cleveland-Cliffs Shutters Indiana Harbor Blast Furnace #4
22 February 2022 - Cleveland-Cliffs Inc. will indefinitely idle blast furnace #4 at its Indiana Harbor integrated mill, the steelmaker announced yesterday.
Report: Follansbee Coke Plant to Close
15 February 2022 - In line with its corporate strategy to reduce its carbon footprint across its operations, Cleveland-Cliffs announced last week it is closing its Mountain State Carbon plant in Follansbee, W.Va., USA.
Cleveland-Cliffs Reports Q4 and Full-Year 2021 Earnings
11 February 2022 - Cleveland-Cliffs Inc. today announced its 2021 full-year earnings of US$5.36 per diluted share, compared to a net loss in 2020 of $0.32 per diluted share. Fourth-quarter net income was US$1.69 per diluted share, compared to US$0.14 per diluted share for the same period in 2020.
Cleveland-Cliffs Partners With DOE to Reduce GHG Emissions
04 November 2021 - The steelmaker announced yesterday that it has entered into a partnership with the U.S. Department of Energy (DOE) as part of the Better Climate Challenge initiative to reduce greenhouse gas (GHG) emissions 25% by 2030.
Cleveland-Cliffs Announces Record Third-Quarter Results
22 October 2021 - The company today reported consolidated revenues of US$6 billion and net income of US$1.3 billion for the quarter ending 30 September 2021.
Cleveland-Cliffs Announces Acquisition of Scrap Business
11 October 2021 - Cleveland-Cliffs Inc. announced today in a press release that it has entered into a definitive agreement to acquire Detroit, Mich., USA-based Ferrous Processing and Trading Co. (FPT), for approximately US$775 million.
UAW Ratifies New Contract With Cleveland-Cliffs’ Rockport Works
06 October 2021 - Cleveland-Cliffs Inc. announced Monday that a new three-year contract has been ratified by employees represented by the United Auto Workers (UAW) Local 3044 at its Rockport Works facility in Indiana.
Cleveland-Cliffs Promotes New Leadership for Steelmaking and Scrap Recycling Operations
30 August 2021 - Cleveland-Cliffs Inc. has tapped two of its executive personnel to lead its newly reorganized steelmaking and scrap recycling divisions, according to an official press release.
Cleveland-Cliffs’ Next Big Moves: Scrap, Electrical Steel
26 August 2021 - Cleveland-Cliffs Inc. is preparing to enter the steel scrap business and plans to modernize its electrical steel plant in Pennsylvania, chairman and chief executive Lourenco Goncalves said on Monday.
Cleveland-Cliffs Sees Success With COVID-19 Vaccination Incentive Program
25 August 2021 - The largest flat-rolled steelmaker in North America has seen its employee COVID-19 vaccination rate more than double in less than two months thanks to a new incentive program.