Business / Finance

Cleveland-Cliffs Ranked #170 on Fortune 500 list for 2023 - Cleveland-Cliffs (NYSE:CLF)

Logo BenzingaBenzinga
2023-06-05 15:23:00  • 6 mins

Cleveland-Cliffs Inc. CLF announced today that it was named to the Fortune 500 list, once again among the top 200 companies. Cleveland-Cliffs' 2022 revenue of $23 billion earned Cleveland-Cliffs the ranking of 170 on the list for 2023. The Fortune 500 list ranks companies that are incorporated and operate in the U.S. by total revenues for their respective fiscal years.

Lourenco Goncalves, Cleveland-Cliffs' Chairman, President, and CEO said, "Once again, Cleveland-Cliffs is among the top 200 companies on Fortune list, at this time as #170. As we grow and climb higher on Fortune's rank, we continue to demonstrate our ability to outperform ourselves year after year." Mr. Goncalves added: "The main key to our success is our workforce of 27,000 employees, and we thank each one of our employees for their great work and their sense of common purpose. We also thank our Union partners for working hard with us to make Cleveland-Cliffs the great company we are today and will certainly be in the future."

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