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Cleveland-Cliffs Inc.

Steel Manufacturing Butler, Pennsylvania ~135 employees
Founded
--
Employees (Est.)
~135
9 leaders known
Total Funding
$20.6B
Funding Rounds
18
Last Funding
2025-10-30

About Cleveland-Cliffs Inc.

Cleveland-Cliffs Inc. is a leading steel producer in North America, focused on manufacturing high-quality steel products for various markets, including automotive and appliances. The company emphasizes sustainability, innovation, and supporting American manufacturing through initiatives like the 'Buy American' program, while advocating for protective tariffs to strengthen the domestic steel industry.

Products & Services

North American Steel Products:A range of steel products manufactured for various industries.
Stainless Steel (Bright Annealing Line):Premium stainless steel for high-end automotive and critical appliance applications, processed using a 100% hydrogen atmosphere.
Tubular Components:Components for industrial applications.
Tooling and Stamping:Services and products related to tooling and stamping for steel manufacturing.

Specialties

Steel Production Stainless Steel Processing Sustainable Manufacturing Automotive Steel Applications

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Public Offering
T: -
FT: Public Offering
A: 964000000
MR: -
FA: $964 million
FAN: 964000000
D: 2025-10-30
FD: 2025-10-30
1 investors
2 RT: Public Offering
T: -
FT: Public Offering
A: 75000000
MR: -
FA: 75,000,000 common shares
FAN: 75000000
D: 2025-10-29
FD: 2025-10-29
1 investors
3 RT: Senior Unsecured Guaranteed Notes
T: -
FT: Senior Unsecured Guaranteed Notes
A: 200000000
MR: -
FA: $200 million
FAN: 200000000
D: 2025-10-07
FD: 2025-10-07
1 investors
4 RT: Debt
T: -
FT: Debt
A: 275000000
MR: -
FA: $275 million
FAN: 275000000
D: 2025-10-07
FD: 2025-10-07
-
5 RT: Senior Unsecured Guaranteed Notes
T: -
FT: Senior Unsecured Guaranteed Notes
A: 600000000
MR: -
FA: $600 million
FAN: 600000000
D: 2025-09-03
FD: 2025-09-03
-
6 RT: Debt
T: -
FT: Debt
A: 850000000
MR: -
FA: $850 million
FAN: 850000000
D: 2025-09-03
FD: 2025-09-03
-
7 RT: Senior Unsecured Guaranteed Notes
T: -
FT: Senior Unsecured Guaranteed Notes
A: 850000000
MR: -
FA: $850 million
FAN: 850000000
D: 2025-02-06
FD: 2025-02-06
-
8 RT: Debt
T: -
FT: Debt
A: 750000000
MR: -
FA: $750 million
FAN: 750000000
D: 2025-02-03
FD: 2025-02-03
-
9 RT: Debt
T: -
FT: Debt
A: 1800000000
MR: -
FA: $1,800,000,000
FAN: 1800000000
D: 2024-10-08
FD: 2024-10-08
-
10 RT: Debt
T: -
FT: Debt
A: 4750000000
MR: -
FA: $4.75 billion
FAN: 4750000000
D: 2024-09-13
FD: 2024-09-13
19 investors
11 RT: Debt
T: -
FT: Debt
A: 600000000
MR: -
FA: 600 million
FAN: 600000000
D: 2024-08-16
FD: 2024-08-16
-
12 RT: Debt
T: -
FT: Debt
A: 500000000
MR: -
FA: 500 million
FAN: 500000000
D: 2024-08-13
FD: 2024-08-13
-
13 RT: Grant
T: -
FT: Grant
A: 575000000
MR: -
FA: up to $575 million
FAN: 575000000
D: 2024-03-25
FD: 2024-03-25
1 investors
14 RT: Senior Unsecured Guaranteed Notes
T: -
FT: Senior Unsecured Guaranteed Notes
A: 825000000
MR: -
FA: $825 million
FAN: 825000000
D: 2024-03-04
FD: 2024-03-04
-
15 RT: Debt
T: -
FT: Debt
A: 750000000
MR: -
FA: $750 million
FAN: 750000000
D: 2024-03-04
FD: 2024-03-04
-
16 RT: Debt
T: -
FT: Debt
A: 4750000000
MR: -
FA: 4.75 billion
FAN: 4750000000
D: 2023-06-09
FD: 2023-06-09
19 investors
17 RT: Debt
T: -
FT: Debt
A: 750000000
MR: -
FA: $750 million
FAN: 750000000
D: 2023-04-14
FD: 2023-04-14
-
18 RT: Debt
T: -
FT: Debt
A: 750000000
MR: -
FA: $750 million
FAN: 750000000
D: 2023-04-11
FD: 2023-04-11
-
Public Offering Latest
2025-10-30
$964.0M
1 investor (Pro only)
Public Offering 2025-10-29
$75.0M
Senior Unsecured Guaranteed Notes 2025-10-07
$200.0M

View 17 more funding rounds with Pro

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Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

L

Lourenco Goncalves

Chairman, President, and Chief Executive Officer

C

Clifford T. Smith

Executive Vice President, Chief Operating Officer

C

Celso Goncalves

Executive Vice President & Chief Financial Officer

K

Keith A. Koci

Executive Vice President & President, Cleveland-Cliffs Services

J

James D. Graham

Executive Vice President, Chief Legal and Administrative Officer & Secretary

T

Terry G. Fedor

Executive Vice President, Engineering & Technology

View 6 more team members with Pro

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Recent News

Cleveland-Cliffs Inc. Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Read more →

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Read more →

View 2 more news articles with Pro

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Industries
Steel Manufacturing
Company Size
~135 employees (est.)
Locations
Butler, Pennsylvania

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