Cleveland-Cliffs (CLF)
Materials · Integrated steel production / flat-rolled steel
Vertically integrated North American steelmaker supplying high-quality automotive-grade steel and electrical steels, benefiting from domestic production focus and supply chain control.
What Cleveland-Cliffs does
Cleveland-Cliffs is a North America-based integrated steel producer with a focus on value-added sheet products for the automotive industry. The company is vertically integrated from iron ore mining, pellet and direct reduced iron production, through primary steelmaking and downstream finishing, stamping, tooling and tubing operations. Operating approximately 25,000 employees across the United States and Canada, Cliffs serves automotive and electrical grid modernization markets with a portfolio including advanced high-strength steels, galvanized products, electrical steels (GOES, NOES), and hot briquetted iron (HBI).
Themes: ["Automotive steel / EV supply chain","Integrated steel production","Electrical grid modernization","AI infrastructure demand","Direct reduced iron (DRI)","Domestic manufacturing / reshoring","Vertical integration / supply chain control"]
Fundamentals
- Price$9.40 as of 2026-07-09 close
- Market cap$5.4B as of 2026-07-10
- 1-year return+6.2% as of 2026-07-09 close
- Net margin-6.4% as of 2026-07-10
- Gross margin-2.9% as of 2026-07-10
- ROE-20.9% as of 2026-07-10
- Debt / equity1.33 as of 2026-07-10
- Revenue growth (YoY)+1.6% as of 2026-07-10
- Revenue CAGR (3y)-6.8% SEC XBRL
- Beta2.15 as of 2026-07-10
Dividend: 1-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Automotive industry cyclicality and demand fluctuations; company heavily reliant on automotive end-market for profitability","Commodity steel pricing volatility and competitive pressure from lower-cost imported steel and EAF competitors","High capital intensity and environmental compliance costs; exposure to CERCLA, RCRA, and EPA regulations regarding mining and steel operations"]
Competitors & peers
- US Steel (X)
- Nucor (NUE)
- Worthington Industries (WOR)
- POSCO Holdings
- Stelco Inc.
- ArcelorMittal (MT)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.