Cleveland-Cliffs (FRA:CVA) Construction In Progress : €643 Mil (As of Sep. 2024)

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What is Cleveland-Cliffs Construction In Progress?

Cleveland-Cliffs's quarterly construction in progress increased from Mar. 2024 (€575 Mil) to Jun. 2024 (€599 Mil) and increased from Jun. 2024 (€599 Mil) to Sep. 2024 (€643 Mil).

Cleveland-Cliffs's annual construction in progress increased from Dec. 2021 (€361 Mil) to Dec. 2022 (€521 Mil) and increased from Dec. 2022 (€521 Mil) to Dec. 2023 (€541 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

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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657.00

1,121.21

361.08

521.09

541.03

Cleveland-Cliffs Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Construction In Progress	Get a 7-Day Free Trial															572.51	541.03	575.00	599.21	643.31

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 (FRA:CVA) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

CLF:USA CLF:Mexico 1CVA:Italy 0I0H:UK 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.