CLF (Cleveland-Cliffs) Construction In Progress : $759 Mil (As of Mar. 2025)

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What is Cleveland-Cliffs Construction In Progress?

Cleveland-Cliffs's quarterly construction in progress increased from Sep. 2024 ($714 Mil) to Dec. 2024 ($728 Mil) and increased from Dec. 2024 ($728 Mil) to Mar. 2025 ($759 Mil).

Cleveland-Cliffs's annual construction in progress increased from Dec. 2022 ($552 Mil) to Dec. 2023 ($590 Mil) and increased from Dec. 2023 ($590 Mil) to Dec. 2024 ($728 Mil).

Cleveland-Cliffs Construction In Progress Historical Data

The historical data trend for Cleveland-Cliffs's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Cleveland-Cliffs Construction In Progress Chart

Cleveland-Cliffs Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Construction In Progress

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1,364.00

408.00

552.00

590.00

728.00

Cleveland-Cliffs Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Construction In Progress	Get a 7-Day Free Trial															625.00	645.00	714.00	728.00	759.00

Cleveland-Cliffs Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Cleveland-Cliffs Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Cleveland-Cliffs Inc (NYSE:CLF) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

CLF:Mexico 1CVA:Italy 0I0H:UK CVA:Germany CVA:Germany

Address

200 Public Square, Suite 3300, Cleveland, OH, USA, 44114-2315

Website

https://www.clevelandcliffs.com

Cleveland-Cliffs Inc is a flat-rolled steel producer and manufacturer of iron ore pellets in North America. It is organized into four operating segments based on differentiated products, Steelmaking, Tubular, Tooling and Stamping and European Operations, but operates through one reportable segment -Steelmaking. It is vertically integrated from mined raw materials, direct reduced iron, and ferrous scrap to primary steelmaking and downstream finishing, stamping, tooling and tubing. It serves a diverse range of other markets due to its comprehensive offering of flat-rolled steel products. Geographically, it operates in the United States, Canada and other countries. The majority of revenue is from the United States. It is a supplier of steel to the automotive industry in North America.

Executives

John T Baldwin	director	200 PUBLIC SQUARE, SUITE 3300, CLEVELAND OH 44114
Keith Koci	officer: EVP, Chief Financial Officer	ONE RIVERWAY, SUITE 1100, HOUSTON TX 77056
Michael Ralph S Iii	director
Goncalves Celso L Jr	officer: EVP, CFO	200 PUBLIC SQUARE, SUITE 3300, CLEVELAND OH 44114
Douglas C Taylor	director	200 PUBLIC SQUARE, SUITE 3300, CLEVELAND OH 44114
Lourenco Goncalves	director, officer: Chairman, President & CEO
Susan Miranda Green	director	11211 LANDY COURT, KENSINGTON MD 20895
Arlene M Yocum	director	99 PINE STREET, ALBANY NY 12207
Terry G. Fedor	officer: EVP, United States Iron Ore	200 PUBLIC SQUARE, SUITE 3300, CLEVELAND OH 44067
Clifford T Smith	officer: EVP, Seaborne Iron Ore	200 PUBLIC SQUARE, SUITE 3300, CLEVELAND OH 44114
James D Graham	officer: EVP, Chief Legal Officer & Sec	200 PUBLIC SQUARE, SUITE 3300, CLEVELAND OH 44114
Janet L Miller	director	200 PUBLIC SQUARE, SUITE 3300, CLEVELAND OH 44114
Fisher Robert P Jr	director	200 PUBLIC SQUARE, SUITE 3300, CLEVELAND OH 44067
Arcelormittal North America Holdings Llc	other: Former 10% Owner	1 SOUTH DEARBORN STREET, 13TH FLOOR, CHICAGO IL 60603
Rcelormittal	other: Former 10% Owner	24-26, BOULEVARD D?AVRANCHES, L-1160 LUXEMBOURG, GRAND DUCHY OF LUXEMBOURG N4 00000