Cleveland-Cliffs INC.: insider trades · United States · SEC (Form 4)

About Cleveland-Cliffs INC.

Cleveland-Cliffs Inc. (ticker: CLF) is listed on the NYSE in the United States (United States). For francophone investors, the company is best understood as a large North American industrial metals player with a strong focus on value-added flat-rolled steel, especially for automotive customers. The company describes itself as a leading North America-based steel producer and the largest supplier of steel to the automotive industry in North America, underscoring both its strategic customer relationships and its importance in the regional supply chain. ([clevelandcliffs.com](https://www.clevelandcliffs.com/investors/company-information?utm_source=openai)) Cleveland-Cliffs’ roots are tied to the long history of iron ore mining and steelmaking in the American Midwest. Over time, the business evolved from a mining-oriented company into a more integrated steel platform with mining, steel production, and downstream fabrication activities. The corporate headquarters is in Cleveland, Ohio, placing the group at the center of the historic U.S. industrial belt. The company states that it employs approximately 25,000 people across its mining, steel, and downstream manufacturing operations in the United States and Canada, although some more recent disclosures reference a higher figure depending on scope and timing. ([clevelandcliffs.com](https://www.clevelandcliffs.com/investors/company-information?utm_source=openai)) From a reporting perspective, Cleveland-Cliffs primarily operates through one reportable segment: Steelmaking, according to its 2024 annual report. Its product portfolio spans a broad set of flat-rolled steel offerings, with a particular emphasis on automotive-grade materials, plus exposure to other end markets such as industrial products, energy, and durable goods. The group also participates in stamping, tubular components, and related downstream processes, which strengthens its vertical integration and allows it to capture more value than a pure upstream steel producer. That integration is a key competitive advantage, especially in technical applications where customer qualification and product consistency matter. ([sec.gov](https://www.sec.gov/Archives/edgar/data/764065/000076406525000074/clf2024formars.pdf?utm_source=openai)) Geographically, Cleveland-Cliffs is concentrated in North America, with operations in the United States and Canada. While the automotive industry is the most strategically important end market, the company serves a diversified set of industrial customers. Recent corporate actions indicate a deliberate effort to streamline the footprint: during 2025, the company idled fully or partially several facilities in order to optimize its operating base, reduce costs, and release working capital. ([clevelandcliffs.com](https://www.clevelandcliffs.com/investors?utm_source=openai)) Recent developments are important for the investment case. In April 2026, Cleveland-Cliffs announced a multi-year partnership with Palantir to deploy an AI platform, highlighting an effort to modernize operations and improve decision-making. Its 2025 results were pressured by weak automotive production, restructuring charges, and a challenging Canadian market, but management also highlighted cost reductions, footprint optimization, and new multi-year automotive contracts. Overall, CLF remains a cyclical industrial equity tied to steel spreads, automotive demand, energy costs, and North American manufacturing activity. ([clevelandcliffs.com](https://www.clevelandcliffs.com/investors/news-events/press-releases?utm_source=openai))