Cleveland-Cliffs Inc (NYSE: CLF) shares fell 0.78%, or $0.18 per share, to close Friday at $22.99. After opening the day at $23.19, shares of Cleveland-Cliffs fluctuated between $23.57 and $22.68. 20,582,226 shares traded hands a decrease from their 30 day average of 27,729,846. Friday’s activity brought Cleveland-Cliffs’s market cap to $11,488,905,167.
Cleveland-Cliffs is headquartered in Cleveland, Ohio.
About Cleveland-Cliffs Inc
Cleveland-Cliffs, Inc. (Cliffs) is the largest flat-rolled steel producer in North America. Founded in 1847 as a mine operator, the company is also the largest producer of iron ore pellets in North America. In 2020, Cliffs acquired two major steelmakers, AK Steel and ArcelorMittal USA, vertically integrating its legacy iron ore business with quality-focused steel production and emphasis on the automotive end market. Its fully integrated portfolio includes custom-made pellets and hot briquetted iron (HBI); flat-rolled carbon steel, stainless, electrical, plate, tinplate and long steel products; as well as carbon and stainless steel tubing, hot and cold stamping and tooling. Headquartered in Cleveland, Ohio, Cliffs employ approximately 25,000 people across its mining, steel and downstream manufacturing operations in the United States and Canada.