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Cleveland-Cliffs Inc. (CLF) is a non-energy raw materials company in the full-process steel production industry, based in Cleveland, United States, with about 25,000 full-time employees.
It reported revenue of $18.61 billion for fiscal year 2025, down 3.0% from fiscal year 2024, and net income of -$1.48 billion. In Q2 2026 (the quarter ended June 30, 2026) revenue was $5.23 billion, up 5.9% from a year before. Its largest business segment, Steelmaking, brought in 96% of segment revenue in fiscal year 2025; United States was the largest region with 85%. Its market capitalization was $7.41 billion as of October 9, 2026.
Figures from company filings and market data; latest fiscal year ended December 31, 2025; market data as of October 9, 2026.
Cleveland-Cliffs Inc. operates as a steel producer in the United States and Canada.
Cleveland-Cliffs reported $18.61 billion in revenue for fiscal year 2025, down 3.0% from $19.19 billion in fiscal year 2024. In Q2 2026 revenue was $5.23 billion.
Steelmaking, with $18.06 billion or 96% of segment revenue in fiscal year 2025. Next: Other Businesses (4%).
United States: 85% of revenue by region in fiscal year 2025, followed by Canada (11%).
$7.41 billion as of October 9, 2026.
Listed companies of a similar size in the same industry (full-process steel production) include Public Joint Stock Company Severstal (SVJTY), Posco Holdings Inc. (PKX), Ternium S.a. (TX), Companhia Siderúrgica Nacional (SID).