Cleveland Cliffs

Cleveland-Cliffs is a Cleveland, Ohio-based company specializing in the mining and processing of iron ore and coal, while also being a prominent producer of flat-rolled steel products in North America. The company operates through various segments, primarily focused on steelmaking, and is vertically integrated, managing the entire supply chain from raw materials to finished steel products. Its operations are organized by product type and geographic location, including U.S. Iron Ore, Eastern Canadian Iron Ore, Asia Pacific Iron Ore, and North American Coal. Cleveland-Cliffs serves a diverse range of markets with a comprehensive portfolio of offerings, operating primarily in the United States, Canada, and select international locations.

Traci L. Forrester

Executive Vice President, Environmental and Sustainability

Lourenco Goncalves

CEO

Samuel Livingston Mather

Founder

5 past transactions

Ferrous Processing & Trading

Acquisition in 2021
Ferrous Processing and Trading is an environmental services company specializing in the recycling of ferrous and nonferrous metals. Operating as a processor and distributor of various scrap metals across North America, the company provides a comprehensive range of services, including purchasing, selling, and brokerage for scrap metal recycling. Ferrous Processing and Trading also supports specialty steel production and foundry operations by supplying quality recyclable metals to dealers, steel mills, and foundries. Its focus on industrial scrap management allows clients to effectively obtain and utilize a variety of metal resources.

ArcelorMittal USA

Acquisition in 2020
ArcelorMittal USA LLC is a prominent manufacturer and supplier of a wide range of steel products and mining materials, primarily serving North American markets. The company produces various flat products, including hot-rolled and cold-rolled steel sheets, steel plates, coated products, and tin sheets, as well as long products such as railroad rails and ingots. Additionally, it offers welded products, carbon and alloy tubular products, and engages in the production of iron ore and metallurgical coal. ArcelorMittal USA serves diverse sectors, including automotive, energy, construction, packaging, transportation, and heavy machinery. Established in 2002 and based in Chicago, Illinois, the company has facilities in East Chicago, Indiana, and Richfield, Ohio. It operates as a subsidiary of Cleveland-Cliffs Inc., having undergone a name change from ArcelorMittal USA Inc. in December 2010.

AK Steel

Acquisition in 2019
AK Steel is a prominent manufacturer specializing in flat-rolled carbon, stainless, and electrical steel products, catering primarily to the automotive, construction, appliance, machinery, and electrical power generation sectors. The company operates seven steel plants and two tube manufacturing facilities across Indiana, Kentucky, Ohio, and Pennsylvania. Its diverse product offerings include hot and cold rolled steel, electro-galvanized steel, enameling carbon steel, and various grades of stainless steel, such as martensitic, austenitic, and duplex alloys. Additionally, AK Steel provides engineering services to support heavy industrial projects, positioning itself as a key player in the steel industry. The company's operations are underpinned by its commitment to quality and innovation in steel production.

Consolidated Thompson Iron Mines Limited

Acquisition in 2011
Consolidated Thompson Iron Mines Limited is a mining company with mineral exploration and development activities focused on iron ore.

PinnOak Resources

Acquisition in 2007
PinnOak Resources, LLC, a premium-quality metallurgical coal producer located in the United States.
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