Cleveland-Cliffs Inc. Celebrates 175 Years Milestone
May 03 2022 - 7:00AM
Business Wire
The Company to Ring the NYSE Stock Market
Closing Bell Today
Cleveland-Cliffs Inc. (NYSE: CLF) will ring The Closing Bell at
the New York Stock Exchange today, May 3, 2022. Lourenco Goncalves,
Cleveland-Cliffs' Chairman, President and Chief Executive Officer,
members of the company’s board of directors and executive
management team will participate in the event to celebrate the
company’s 175th year anniversary.
Lourenco Goncalves said, “For nearly two centuries,
Cleveland-Cliffs has been instrumental in building modern society
in the United States through the domestic steel industry. Companies
with this type of longevity are incredibly rare. Cleveland-Cliffs
has achieved this through its resilience, innovation and constant
reinvention which has kept the company relevant and adaptive to an
ever-changing world for generations.”
Mr. Goncalves continued, “Today, we are commemorating and
celebrating the achievements, ingenuity and hard work of our past
and present employees. From our humble beginnings as an iron ore
mining company to a new era for Cleveland-Cliffs as a major
vertically integrated steel company, I am proud to lead the only
producer of steel in North America that has full control of its
ferrous supply chain as well as the largest supplier of specialized
steel to the automotive companies in North America. This sets us
apart competitively from other domestic steel companies. Built on
this strong foundation, Cleveland-Cliffs is well-positioned to
supply innovative steels for electric vehicles, renewable energy
and the rebuilding of American manufacturing for many more decades
ahead.”
Headquartered in Cleveland, Ohio and operating in the Great
Lakes region since 1847, Cliffs went public on the New York Stock
Exchange in 1960. The New York Stock Exchange will stream The
Closing Bell ringing on its website: https://www.nyse.com/bell. The
bell ringing is scheduled for 3:56 - 4:00 p.m. ET. A video of the
bell-ringing will also be archived on that same page after the
livestream.
About Cleveland-Cliffs Inc.
Cleveland-Cliffs is the largest flat-rolled steel producer in
North America. Founded in 1847 as a mine operator, Cleveland-Cliffs
also is the largest manufacturer of iron ore pellets in North
America. The Company is vertically integrated from mined raw
materials, direct reduced iron, and ferrous scrap to primary
steelmaking and downstream finishing, stamping, tooling, and
tubing. We are the largest supplier of steel to the automotive
industry in North America and serve a diverse range of other
markets due to our comprehensive offering of flat-rolled steel
products. Headquartered in Cleveland, Ohio, Cleveland-Cliffs
employs approximately 26,000 people across its operations in the
United States and Canada.
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version on businesswire.com: https://www.businesswire.com/news/home/20220503005482/en/
MEDIA CONTACT: Patricia Persico Senior Director,
Corporate Communications (216) 694-5316
INVESTOR CONTACT: James Kerr Manager, Investor Relations
(216) 694-7719
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