“As we grow and climb higher on Fortune’s rank, we continue to demonstrate our ability to outperform ourselves year after year,” said Lourenco Goncalves, Cleveland-Cliffs’ chairman, president, and CEO.
He said the “main key” to the company’s success is its workforce of 27,000 employees.
Cleveland-Cliffs purchased AK Steel in Middletown for $1.1 billion in 2020. After that the Cleveland-based company bought the U.S. assets of ArcelorMittal for $1.4 billion, making it the largest flat-rolled steel producer in North America, officials said.
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