Cleveland-Cliffs Iron Company

GPTKB entity

Statements (104)
Predicate Object
gptkbp:instanceOf gptkb:Company
gptkbp:acquisition gptkb:Ferrum_Corporation
gptkb:AK_Steel_Corporation
2020
$1.1 billion
Merger
gptkbp:CEO gptkb:Lourenco_Goncalves
gptkbp:community Strong local partnerships
gptkbp:communityEngagement Local job creation
gptkbp:communityImpact Positive economic impact in local areas
gptkbp:communityPartnerships Collaborations with technology firms
gptkbp:communitySupport Economic development initiatives
Educational scholarships
Local educational programs
Environmental restoration projects
gptkbp:competesWith Iron ore pellets
gptkbp:competitors gptkb:Rio_Tinto
gptkb:BHP_Billiton
gptkb:Nucor_Corporation
gptkb:U.S._Steel_Corporation
gptkbp:corporateSocialResponsibility Environmental stewardship
Commitment to sustainability
Community investment programs
Employee welfare initiatives
gptkbp:culturalHeritage Workforce diversity programs
gptkbp:dividendYield Paid quarterly
gptkbp:employees approximately 7,000
gptkbp:environmentalImpact Mining operations
Reclamation projects
Complies with federal and state laws
gptkbp:financialPerformance Strong growth in recent years
Strong revenue growth
Volatile stock history
gptkbp:financials Annual reports
Consistent profitability
Investor presentations
Quarterly earnings reports
Publicly traded since 2002
gptkbp:founded 1847
gptkbp:futurePlans Expansion of mining operations
gptkbp:globalPresence gptkb:North_America
gptkbp:hasCompetitors gptkb:Nucor_Corporation
gptkb:Steel_Dynamics,_Inc.
gptkb:U.S._Steel_Corporation
gptkbp:headquarters gptkb:Cleveland,_Ohio
gptkbp:historicalSignificance First_iron_ore_company_in_North_America
https://www.w3.org/2000/01/rdf-schema#label Cleveland-Cliffs Iron Company
gptkbp:industry Mining
gptkbp:innovation Advanced mining technologies
gptkbp:investmentFocus Active investor engagement
gptkbp:keyPeople gptkb:Lourenco_Goncalves
gptkbp:leadership Experienced management team
gptkbp:localGovernment Strong governance practices
gptkbp:location gptkb:United_States
gptkbp:logistics Efficient transportation networks
gptkbp:market $8.5 billion (2021)
$7.5 billion (2021)
Exploring international markets
Growing demand for steel
Leading iron ore producer
gptkbp:marketSegment Customer-centric approach
Diversification of product offerings
Focus on high-quality products
gptkbp:operates gptkb:North_America
gptkbp:parentCompany nan
gptkbp:partnerships Government agencies
Research institutions
Non-profit organizations
Various steel manufacturers
gptkbp:previousName Cleveland_Iron_Mining_Company
gptkbp:productionCompany gptkb:Canada
gptkb:Michigan
gptkb:Minnesota
gptkbp:productLine Long products
Flat-rolled steel
Iron ore pellets
gptkbp:productQuality High-grade iron ore
gptkbp:products Iron ore
gptkbp:regulatoryCompliance Adheres to mining regulations
gptkbp:researchAndDevelopment Invests in mining technology
Innovative mining solutions
gptkbp:revenue $3.2 billion (2020)
gptkbp:safetyFeatures Improving over the years
Industry-leading safety standards
gptkbp:stockSymbol CLF
gptkbp:strategicGoals Increase market share
Sustainable mining practices
Enhance operational efficiency
Expand production capacity
gptkbp:subsidiary gptkb:Cleveland-Cliffs_Mining_Company
gptkbp:supplyChain Steel industry
Global supply chain
Joint ventures
Optimized supply chain processes
Spot market sales
Long-term contracts with customers
Long-term contracts with steel mills
Mitigates_supply_chain_disruptions
gptkbp:sustainabilityInitiatives Recycling steel
Carbon reduction efforts
gptkbp:tradedOn gptkb:New_York_Stock_Exchange
gptkbp:training Safety and operational training programs
gptkbp:type Public
gptkbp:website www.clevelandcliffs.com