Cleveland-Cliffs (CLF) Status Update summary

Advocacy for fair trade and steel industry protection

• Emphasis on the negative impact of unfair trade practices and surging steel imports from Mexico and China, which violate existing agreements and harm domestic jobs.

• Bipartisan legislative efforts are underway to reinstate tariffs on Mexican steel and enforce trade agreements, aiming to restore fair competition.

• Recent plant closures and job losses highlight the urgent need for stronger trade enforcement to protect American workers.

Partnership between labor and management

• Strong collaboration between the company and the United Steelworkers (USW) is credited with creating stable, well-paying jobs and supporting local communities.

• The partnership is seen as a model for industry change, emphasizing mutual trust and shared goals between labor and management.

National security and supply chain resilience

• Protecting domestic steel production is framed as essential for national security and a reliable supply chain, reducing dependence on foreign sources.

• Investments in American manufacturing are linked to broader economic stability and community prosperity.