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Cleveland-Cliffs Inc (CLF)
NYSE:CLF
US Market
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Cleveland-Cliffs (CLF) Revenue by Segment

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Revenue by Segment

Details revenue contribution of each business segment, showing whether growth is broad-based or concentrated in one area. Comparing segment revenue with profitability reveals whether top-line gains are translating into healthier margins or simply higher volume in low-margin operations.
Steelmaking moved from a clear trough into a steady rebound, showing that improving realized prices and recovering shipments are lifting top-line performance; Other Businesses remain a small, steady contributor while intercompany eliminations have grown modestly. Management’s call confirms momentum — Q2 is expected to be the strongest in nearly two years as prices and volumes improve — but near-term energy cost volatility, Stelco’s Canadian pricing discount and a temporary working-capital build could temper cash-flow upside even as revenue recovers.
Date
Eliminations
Steelmaking
Other Businesses
Jun 30, 2026
-$47.00M$5.10B$177.00M
Mar 31, 2026
-$42.00M$4.80B$167.00M
Dec 31, 2025
-$21.00M$4.17B$159.00M
Sep 30, 2025
-$24.00M$4.58B$173.00M
Jun 30, 2025
-$37.00M$4.81B$163.00M
Mar 31, 2025
-$28.00M$4.50B$162.00M
Dec 31, 2024
-$23.00M$4.19B$157.00M
Sep 30, 2024
-$20.00M$4.44B$150.00M
Jun 30, 2024
-$22.00M$4.94B$177.00M
Mar 31, 2024
-$26.00M$5.05B$172.00M