Cleveland-Cliffs Reports Record 2021 Profit Despite Drop in Automotive Steel Demand

Cleveland-Cliffs Reports Record 2021 Profit Despite Drop in Automotive Steel Demand

Cleveland-Cliffs Reports Record 2021 Profit Despite Drop in Automotive Steel Demand

SUGAR LAND--February 14, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--Cleveland-Cliffs Incorporated (NYSE:CLF) (Cleveland, Ohio), the largest steel supplier for the U.S. automotive market, turned a record profit in 2021, despite a drop in automotive steel demand, the company reported Friday.

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