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Cleveland-Cliffs Cost of Goods Sold 2010-2024 | CLF

Cleveland-Cliffs cost of goods sold from 2010 to 2024. Cost of goods sold can be defined as the difference between beginning and ending inventories for tangible products resulting in an expense that reflects production and sales costs.
Cleveland-Cliffs Annual Cost of Goods Sold
(Millions of US $)
2024 $19,115
2023 $20,605
2022 $20,471
2021 $15,910
2020 $5,102
2019 $1,414
2018 $1,523
2017 $1,398
2016 $1,274
2015 $1,777
2014 $2,488
2013 $2,406
2012 $4,701
2011 $3,953
2010 $3,025
2009 $2,030
Cleveland-Cliffs Quarterly Cost of Goods Sold
(Millions of US $)
2024-12-31 $4,598
2024-09-30 $4,673
2024-06-30 $4,930
2024-03-31 $4,914
2023-12-31 $4,944
2023-09-30 $5,125
2023-06-30 $5,340
2023-03-31 $5,196
2022-12-31 $5,104
2022-09-30 $5,305
2022-06-30 $5,356
2022-03-31 $4,706
2021-12-31 $4,072
2021-09-30 $4,229
2021-06-30 $3,848
2021-03-31 $3,761
2020-12-31 $2,013
2020-09-30 $1,525
2020-06-30 $1,208
2020-03-31 $356
2019-12-31 $407
2019-09-30 $401
2019-06-30 $480
2019-03-31 $126
2018-12-31 $495
2018-09-30 $480
2018-06-30 $430
2018-03-31 $119
2017-12-31 $268
2017-09-30 $439
2017-06-30 $327
2017-03-31 $365
2016-12-31 $127
2016-09-30 $468
2016-06-30 $405
2016-03-31 $275
2015-12-31 $433
2015-09-30 $538
2015-06-30 $441
2015-03-31 $365
2014-12-31 $774
2014-09-30 $724
2014-06-30 $564
2014-03-31 $426
2013-12-31 $-914
2013-09-30 $1,198
2013-06-30 $1,220
2013-03-31 $903
2012-12-31 $1,297
2012-09-30 $1,347
2012-06-30 $1,136
2012-03-31 $921
2011-12-31 $1,049
2011-09-30 $1,246
2011-06-30 $1,074
2011-03-31 $584
2010-12-31 $809
2010-09-30 $869
2010-06-30 $770
2010-03-31 $578
2009-12-31 $643
2009-09-30 $563
2009-06-30 $402
2009-03-31 $422
Sector Industry Market Cap Revenue
Basic Materials Steel Producers $3.610B $19.185B
Cleveland-Cliffs Inc. is the largest producer of iron ore pellets in North America. It is also the biggest flat-rolled steel producer in the region. The company is a major producer of iron ore pellets and it mainly sells products to integrated steel companies through this division in the United States and Canada. Cleveland-Cliffs updated its segment structure following the ArcelorMittal USA buyout and now has one reportable segment, Steelmaking. The earlier Mining and Pelletizing division is now included within Steelmaking while other remaining operating segments including Tooling and Stamping are classified as Other Businesses. The company's Steelmaking operations makes flat-rolled carbon, stainless, electrical, plate, tinplate and long steel products. It provides carbon and stainless-steel tubing products, die design and tooling, as well as hot and cold-stamped components.
Stock Name Country Market Cap PE Ratio
Nucor (NUE) United States $25.474B 12.49
Nippon Steel & Sumitomo Metal (NPSCY) Japan $22.505B 7.12
ArcelorMittal (MT) Luxembourg $22.309B 9.26
Steel Dynamics (STLD) United States $17.731B 12.07
POSCO (PKX) South Korea $13.609B 20.57
United States Steel (X) United States $9.409B 21.65
Jfe Holdings (JFEEF) Japan $8.458B 10.00
ThyssenKrupp AG (TKAMY) Germany $6.642B 0.00
ThyssenKrupp AG (TYEKF) Germany $6.599B 0.00
SSAB (SSAAY) Sweden $6.019B 10.07
Ternium S.A (TX) Luxembourg $5.487B 18.62
Gerdau S.A (GGB) Brazil $5.280B 6.35
Commercial Metals (CMC) United States $4.783B 14.30
Acerinox (ANIOY) Spain $2.730B 11.65
Aperam (APEMY) Luxembourg $2.165B 29.89
National Steel (SID) Brazil $2.016B 0.00
Outokumpu (OUTKY) Finland $1.553B 0.00
Salzgitter AG (SZGPY) Germany $1.314B 0.00
Usinas Siderurgicas De Minas Gerais SA (USNZY) Brazil $0.504B 0.00
Algoma Steel Group (ASTL) Canada $0.504B 0.00
Olympic Steel (ZEUS) United States $0.341B 19.00
L.B Foster (FSTR) United States $0.214B 23.30
ZK Group (ZKIN) China $0.005B 0.00
Mechel PAO (MTL) Russia $0.000B 0.00