Cleveland-Cliffs CLF Steelmaking — Cost of Product and Service Sold

Other segment segments

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Questions, answered.

What is Cleveland-Cliffs's steelmaking — cost of product and service sold?

Cleveland-Cliffs (CLF) reported steelmaking — cost of product and service sold of $4.89B in Q1 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 0.2% year-over-year, from $4.9B to $4.89B.

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.