Cleveland-Cliffs Inc.
CVA.DE
Deutsche Börse10.57
EUR
+0.32
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Cleveland-Cliffs Inc.
CVA.DE
(Deutsche Börse)
Recent
price
10.57
P/E
ratio
- -
div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Cleveland-Cliffs Inc. has transformed into a leading, fully integrated North American steel producer. Based in Cleveland, Ohio, the company employs around 30,000 people across its extensive mining, steelmaking, and manufacturing operations in the U.S. and Canada. It is recognized as the largest flat-rolled steel manufacturer in the continent and a key supplier of iron ore pellets to the regional steel industry. The firm's vertically integrated model spans from raw material extraction and direct reduced iron production to primary steelmaking and advanced downstream finishing, stamping, and tubular components. Its diverse product portfolio, including flat-rolled carbon, stainless, and electrical steels, primarily serves demanding sectors like automotive, construction, and manufacturing. Recent strategic actions include the 2024 acquisition of Canadian steelmaker Stelco and a 2025 partnership with Korea's POSCO, strengthening its market leadership.