How many acquisitions has Cleveland-Cliffs made so far?

Cleveland-Cliffs has completed 5 acquisitions so far, with an average acquisition amount of $450M.

Which countries does Cleveland-Cliffs usually acquire in?

Cleveland-Cliffs has made acquisitions in 3 countries with the most activity in United States and Canada.

Which is Cleveland-Cliffs' latest acquisition?

Cleveland-Cliffs's most recent acquisition is Stelco, a Manufacturer of steel products for various industries, acquired in July 2024.

In which year did Cleveland-Cliffs make the most acquisitions?

Cleveland-Cliffs was most active in 2024, with 1 acquisition completed in that year.

List of 5 Acquisitions by Cleveland-Cliffs (Sep 2026)

Cleveland-Cliffs has made a total of 5 acquisitions. These activities span 2 sectors: Metals and Alloys and Mining Companies, across 3 countries: United States, Canada, and Luxembourg. Peak activity occurred in 2020, 2021, and 2024, with 1 acquisition recorded each year. The average number of acquisitions per year from 2020 to 2025 is 0.4, with 0 acquisitions completed in the current calendar year. The most recent acquisition is Stelco, a Toronto-based steel manufacturer founded in 1910, finalized in July 2024.

Here's the year on year acquisition history of Cleveland-Cliffs:

Number of Total Acquisitions

Year	# Acquisitions
2024	1
2021	1
2020	1
2019	1
2010	1

View all Acquisitions by Cleveland-Cliffs

Recent acquisitions by Cleveland-Cliffs

Cleveland-Cliffs's most recent acquisition - Stelco is a Manufacturer of steel products for various industries, founded in 1910 and located in Toronto. Cleveland-Cliffs acquired it in July 2024 for a price of $*****.

Here is the list of all acquisitions by Cleveland-Cliffs sorted by the latest acquisition date:

Acquired on	Acquired Company	Acquisition Price	Facilitators	Stake Acquired	Acquisition Multiple
Jul 15, 2024	Stelco	maal	ncwa	31	232
Oct 11, 2021	Ferrous Processing & Trading	pvd{	utjt	69	105
Sep 28, 2020	ArcelorMittal	mjks	juar	64	525

View the full list of acquisitions

Media has covered Cleveland-Cliffs for a total of 36 events in the last 1 year, 4 of them have been about acquisition activity.

•

Cleveland‑Cliffs Announces Multi-Year Partnership with Palantir to Deploy AI PlatformBusiness Wire•Apr 28, 2026•Palantir, Cleveland-Cliffs

•

POSCO Considers 1.7 Trillion Won Investment for 20% Stake in Cleveland-CliffsBusinesskorea•Oct 31, 2025•POSCO, Cleveland-Cliffs

•

POSCO signs partnership with Cleveland-Cliffs, likely to invest over $700 mn for 10% stakeKedglobal•Oct 31, 2025•Cleveland-Cliffs, POSCO

•

Nippon Steel withdraws lawsuit over US Steel acquisition = end of all disputes - USExcite Japan•Sep 04, 2025•Nippon Steel, United States Steel, Cleveland-Cliffs

View More Cleveland-Cliffs Recent News

View all Acquisitions by Cleveland-Cliffs

Acquisitions by Cleveland-Cliffs

List of Cleveland-Cliffs's Acquisitions

Recent acquisitions by Cleveland-Cliffs

News related to Cleveland-Cliffs's acquisitions

FAQs about Acquisitions by Cleveland-Cliffs