Name | Value |
---|---|
Revenues | 5,295.0M |
Cost of Revenue | 5,196.0M |
Gross Profit | 99.0M |
Operating Expense | 130.0M |
Operating I/L | 21.0M |
Other Income/Expense | -25.0M |
Interest Income | 77.0M |
Pretax | -56.0M |
Income Tax Expense | -13.0M |
Net Income/Loss | -43.0M |
Cleveland-Cliffs Inc. is a leading North American flat-rolled steel producer, offering a wide range of carbon steel, stainless steel, and electrical steel products, as well as tubular components and tinplate products. The company also provides raw materials, ingots, and hot-briquetted iron products. With ownership of five iron ore mines in Minnesota and Michigan, Cleveland-Cliffs serves various industries including automotive, infrastructure, manufacturing, distributors, and steel producers, generating revenue through the production and sale of steel and related products.