MESSAGE FROM THE CEO
As the year comes to a close, I am proud of the great strides made toward securing a stronger and better future for Cliffs. Transforming a company is no small task. It takes time for everything to transition smoothly into place. I am confident that the groundwork that has been put into place this year is steering the Company in the right direction.
Returning to the Company’s core strengths has been central to our strategic plan. We are sharply focused on strengthening the overall financial profile of Cliffs through measured actions to reduce debt, pare back spending and exit unprofitable operations. The accomplishments achieved this year will drive us toward being a smaller, nimbler, more profitable company in the future.
Our leadership team and dedicated employees are working hard every day to deliver on the expectations of our investors and customers. On behalf of all of us, thank you for your continued support and best wishes for a happy and joyous holiday season.
Chairman, President & Chief Executive Officer
Cliffs Natural Resources Inc.