Cleveland-Cliffs Inc.

Cleveland-Cliffs held a ribbon-cutting ceremony for its new Stainless Steel Bright Annealing Line at Coshocton Works in Coshocton, OH. Hosted by Cleveland-Cliffs Chairman, President & CEO Lourenco Goncalves, the event was attended by key elected Ohio officials, including Governor Mike DeWine, Senator Jon Husted, and Secretary of State Frank LaRose, as well as Cleveland-Cliffs’ executives, employees, UAW representatives and key customers.

The new annealing line, a $150 million capital investment, will supply premium stainless steel for high-end automotive and critical appliance applications. It uses a 100% hydrogen atmosphere, replacing the conventional acid-based processing, and includes a hydrogen recovery unit to use a 50/50 mix of new and used hydrogen in the process.

An on-demand version of the ribbon-cutting ceremony is available on Cleveland-Cliffs’ corporate YouTube channel: https://www.youtube.com/

Shown in photo (L-R): Coshocton Works General Manager Troy Balo, Secretary of State Frank LaRose, Cleveland-Cliffs Chairman, President & CEO Lourenco Goncalves, Governor Mike DeWine, Senator Jon Husted, and UAW President Local 3462 Kurt Knicely.

Cleveland-Cliffs Butler Works is featured in the DOE video. The operation produces electrical steel critical for the nation's electrical grid. The DOE video is highlighting the Butler Works project to further reduce its emissions.

Investing in America: A Future Forged of Steel "A Future Forged of Steel" takes us to Cleveland-Cliffs Butler Works, where a historic Pennsylvania steel mill is manufacturing key components of our electri...

Cleveland-Cliffs hosted United States Trade Representative (USTR) Katherine Tai, Acting Secretary of Labor Julie Su, Congresswoman Chrissy Houlahan, together with the Director of District 10 of the United Steelworkers (USW) Bernie Hall, at its Coatesville, PA mill. This visit followed USTR’s recent final determination relating to increased Section 301 tariffs on imports of steel, electric vehicles and various manufacturing components from China. The press conference can be viewed on Cleveland-Cliffs' YouTube channel.

Cleveland-Cliffs Press Conference -- Upcoming Live Stream Cleveland-Cliffs Inc. announced that it will be hosting United States Trade Representative (USTR) Katherine Tai, Acting Secretary of Labor Julie Su, Congress...

Cleveland-Cliffs recently hosted Dept. of Energy Secretary Jennifer Granholm at its Butler Works plant in Pennsylvania. The Secretary’s visit followed the recent DOE final transformer efficiency standard rule providing for the continued utilization of Grain-Oriented Electrical Steel (GOES) in virtually all of electrical distribution transformer end markets. Cleveland-Cliffs is the sole producer of GOES in the United States, and was selected for award negotiations for up to $75 million in total funding from the DOE to pursue a decarbonization investment at Butler Works.

During the visit, Secretary Granholm toured the plant and met with Cleveland-Cliffs’ Chairman, President and Chief Executive Officer Lourenco Goncalves, company officials, employees as well as union leaders from the United Auto Workers (UAW), the United Steelworkers (USW) and the International Association of Machinists (IAM).

Mr. Goncalves hosted a speaking program with Secretary Granholm and other invited speakers that was live streamed on the Company’s YouTube channel. The on-demand version of the program can be found on Cleveland-Cliffs' YouTube channel: https://www.youtube.com/watch?v=bUgTZxmVcLA

Cleveland-Cliffs Chairman, President & CEO Lourenco Goncalves held a joint press conference with the Pennsylvania Governor Josh Shapiro, along with UAW Local 3303 President Jamie Sychak, Butler County Commissioner Kevin Boozel, and other UAW workers to celebrate the final U.S. Department of Energy rulemaking that preserved the use of Grain-Oriented Electrical Steel in the manufacturing of transformers. View a recording of the Press Conference:

Gov. Shapiro Visits Cleveland-Cliffs Butler Works Cleveland-Cliffs Butler Works hosted Pennsylvania Governor Josh Shapiro to celebrate the final U.S. Department of Energy rulemaking that preserved the use of...

Cleveland-Cliffs has released its Sustainability Report 2023. The Sustainability Report 2023 details how Cleveland-Cliffs’ steel products help advance the transition to a low-carbon economy, providing updates and highlights related to Cleveland-Cliffs’ most important sustainability topics, including climate and GHG emissions, water, waste, talent management, labor and community relations, health and safety, and corporate governance. The Report includes a Performance Metrics table that presents 3-year trended data on a comprehensive set of sustainability metrics.

The Report is available for download in the “Sustainability” section of the Cleveland-Cliffs website: https://www.clevelandcliffs.com/sustainability