With a revenue increase of 18.55% in the third quarter 2026, year on year to cumulative value of $20,073 million, Cleveland Cliffs Inc 's revenue per employee grew on a trailing twelve months basis to $ 802,920. The productivity of Cleveland Cliffs Inc 's employees was 0.0%, above the company average. Within the Basic Materials sector Employees of 69 other companies have achieved higher revenue per employee. While Cleveland Cliffs Inc 's total ranking has deteriorated compared to the previous quarter from 1112 to 1131. Cleveland Cliffs Inc has 25,000 employees.
Cleveland-Cliffs Reaffirms Decarbonization Initiative at Middletown Works, Deepens DOE Partnership CLEVELAND Cleveland-Cliffs Inc. (NYSE: CLF) continues to be resolute in its commitment to the ongoing decarbonization project at its Middletown Works integrated facility in Middletown, Ohio. The project represents a significant step towards reducing the carbon footprint of its operations and showcasing its dedication to sustainable practices within the steel industry.As previously announced, Cleveland-Cliffs was selected for award negotiations by the U.S. Department of Energy, promising up to $500 million in total funding. This financial backing is allocated for the replacement of an existing blast furnace with a state-of-the-art Direct Reduced Iron (DRI) Plant and two Electric Melting Furnaces (EMFs). This innovative infrastructure upgrade is poised to utilize cleaner technology that significantly lowers emissions compared to the traditional blast furnace route.
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