Cleveland-Cliffs Net Change in Property, Plant, and Equipment 2010-2024 | CLF
Cleveland-Cliffs net change in property, plant, and equipment from 2010 to 2024. Net change in property, plant, and equipment can be defined as the overall change in capital expenditures and sales of plant, property and equipment. This field is used if a company does not report separately sales and purchases of plant, property and equipment or is calculated as the sum of purchases and sales of PP&E
Cleveland-Cliffs Annual Net Change in Property, Plant, and Equipment
(Millions of US $) |
| 2024 |
$-695 |
| 2023 |
$-646 |
| 2022 |
$-943 |
| 2021 |
$-705 |
| 2020 |
$-525 |
| 2019 |
$-656 |
| 2018 |
$-296 |
| 2017 |
$-135 |
| 2016 |
$-62 |
| 2015 |
$-81 |
| 2014 |
$-284 |
| 2013 |
$-862 |
| 2012 |
$-1,128 |
| 2011 |
$-881 |
| 2010 |
$-267 |
| 2009 |
$-116 |
| Sector |
Industry |
Market Cap |
Revenue |
| Basic Materials |
Steel Producers |
$4.075B |
$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.
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