Stratrix
On the Record · Cleveland-cliffs

Cleveland-cliffs acquisitions, on the record

The businesses Cleveland-cliffs bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
FPT
Word for word“On November 18, 2021, pursuant to the FPT Acquisition Agreement, we completed the FPT Acquisition, in which we were the acquirer.” 10-K for 2023
acquisitionNovember 18, 2021—
closed coal mines in Pennsylvania
Word for word“On October 6, 2023, we entered into a membership interest purchase agreement for the sale of the legal entities owning, among other things, our closed coal mines in Pennsylvania.” 10-K for 2023
divestitureOctober 6, 2023—
ArcelorMittal USA
Word for word“AM USA Transaction The acquisition of ArcelorMittal USA, consummated on December 9, 2020” 10-K for 2023
acquisitionDecember 9, 2020—
Stelco Holdings Inc.
Word for word“On November 1, 2024, we completed the Stelco Acquisition.” 10-K for 2024
acquisitionOn November 1, 2024—
FPT Florida
Word for word“A $53 million increase in proceeds from sale of business related to the sale of FPT Florida in the fourth quarter of 2025.” 10-K for 2025
divestiturefourth quarter of 2025—
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash received from selling businessesGoodwill from acquisitions
2023-12-31$35 million—
2024-12-31$0$786 million
2025-12-31$53 million$16 million

Deal filings since 2016

Read from Cleveland-cliffs’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-09. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.