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Cleveland-Cliffs Inc (New) (CLF)

Cleveland-Cliffs is an iron ore mining company. Co. is a supplier of iron ore pellets to the North American steel industry from its mines and pellet plants located in Michigan and Minnesota. Co.'s segments include: Mining and Pelletizing, and Metallics. In its Mining and Pelletizing segment, Co. is a producer of iron ore pellets, primarily selling production from its Mining and Pelletizing segment to integrated steel companies in the U.S. and Canada. In its Metallics segment, Co. is constructing a hot briquetted iron (HBI) production plant in Toledo, OH. HBI is an iron alternative to scrap that, when used as a feedstock, allows an electric arc furnace to produce various grades of steel.

Name:  Cleveland-Cliffs Inc (New)
Website:  www.cliffsnaturalresources.com
Sector:  Non-Precious Metals & Non-Metallic Mining
Number of ETFs Holding CLF:  44 (see which ones)
Total Market Value Held by ETFs:  $462,311,717
Total Market Capitalization:  $2,068,000,000
% of Market Cap. Held by ETFs:  22.36%

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Hold (2.50 out of 4)
24th percentile
(ranked lower than approx. 76% of all stocks covered)
Based on data provided by Zacks Investment Research via Quandl.com

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