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Cleveland Cliffs
Cleveland Cliffs changed its name to Cliffs Natural Resources in 2008.
Latest News
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.
Cleveland-Cliffs Prepares to Launch US$100 Million Investment at Indiana Harbor
17 August 2021 - Cleveland-Cliffs is investing US$100 million in the No. 7 Blast Furnace at Indiana Harbor East in East Chicago, Ind., USA, according to The Times newspaper of northwest Indiana.
Cleveland-Cliffs Inks 3-Year Labor Contract at Dearborn Works
09 August 2021 - The United Auto Workers (UAW) Local 600 has ratified a new labor contract with Cleveland-Cliffs Inc., the steelmaker announced Thursday.
Cleveland-Cliffs Completes Major Share Buyback; Announces Indiana Harbor BF Maintenance Outage
29 July 2021 - Cleveland-Cliffs Inc. has spent US$1.2 billion to buy back all of the shares in a special class of stock held by ArcelorMittal.
Nucor, AK Steel Win Supplier Recognition
23 June 2021 - Two of the leading U.S. flat-rolled producers have again taken home supplier honors from General Motors.
AK Steel Ashland Works Faces Demolition
22 June 2021 - After being largely idled for more than five years, a former AK Steel mill now appears destined for the scrap pile.
Cliffs Cuts the Ribbon on HBI Plant
10 June 2021 - Cleveland-Cliffs Inc. on Wednesday celebrated the first six months of its new direct reduction plant in Ohio.
Cleveland-Cliffs, USW Negotiate New Deal for Ohio Mill
16 April 2021 - Cleveland-Cliffs Inc. and unionized workers at its Mansfield, Ohio, plant have reached a tentative, four-year labor agreement, the steelmaker has announced.
AK Steel: A Name That Will Live in History
12 April 2021 - Cleveland-Cliffs Inc. has decided to retire the AK Steel name and has begun renaming facilities to reflect the change in ownership, reports the Journal-News newspaper in Ohio.
Cleveland-Cliffs Sets Middletown Maintenance Outage
01 March 2021 - Cleveland-Cliffs Inc. is bringing up a blast furnace at its newly acquired Cleveland Works in Ohio as it idles another for a planned maintenance outage.
Cleveland-Cliffs Commits to 25% Reduction in Carbon Emissions
28 January 2021 - Iron ore miner and steelmaker Cleveland-Cliffs Inc. is targeting a 25% reduction in greenhouse gas emissions by 2030 and will explore a potential carbon capture project at its Burns Harbor plant.
Cleveland-Cliffs Expects Significant Q4 Revenue Increase
25 January 2021 - Cleveland-Cliffs Inc.'s fourth-quarter revenues likely will exceed US$2 billion, the iron ore miner and steelmaker said on Monday.
