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Cleveland-Cliffs CLF Steelmaking — Cost of Product and Service Sold
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Where this comes from
Reported directly by Cleveland-Cliffs in its filing.
Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.
The source filing: Cleveland-Cliffs’s 10-Q, filed July 23, 2026.
- Filed
- Jul 23, 2026, 4:08 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0000764065-26-000100
| (In millions) | Steelmaking | Other Businesses | Eliminations | Total |
|---|---|---|---|---|
| Revenues | $5,096 | $177 | $(47) | $5,226 |
| Cost of goods sold | (4,983) | (158) | 47 | (5,094) |
| Selling, general and administrative expenses | (147) | (7) | — | (154) |
| Net periodic benefit credits other than service cost component | 64 | — | — | 64 |
| Excluding depreciation, depletion and amortization | 254 | 8 | — | 262 |
| Other segment items1 | (16) | (2) | — | (18) |
| Total Adjusted EBITDA | $268 | $18 | — | $286 |
| Interest expense, net | (156) |
ITEM 1. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
FAQ
- What is Cleveland-Cliffs's steelmaking — cost of product and service sold?
- Cleveland-Cliffs (CLF) reported steelmaking — cost of product and service sold of $4.98B in Q2 2026.
- How has Cleveland-Cliffs's steelmaking — cost of product and service sold changed year-over-year?
- Cleveland-Cliffs's steelmaking — cost of product and service sold decreased by 1.0% year-over-year, from $5.03B to $4.98B.
- What is the long-term trend for Cleveland-Cliffs's steelmaking — cost of product and service sold?
- Over 3 years (2022 to 2025), Cleveland-Cliffs's steelmaking — cost of product and service sold has grown at a -1.8% compound annual growth rate (CAGR), from $20B to $18.97B.
- What does steelmaking — cost of product and service sold mean?
- Includes all direct costs associated with the production of steel, such as raw materials, labor, and manufacturing overhead. Monitoring this metric is essential for evaluating the direct production efficiency and the impact of input price volatility on the segment's gross margin.
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