Cleveland-Cliffs Inc. (CLF)

Integrated steelmaker, 25,000, 90% U.S., 70% hourly. Read October 19, 2026 from the annual report for the period ending December 31, 2025, filed February 9, 2026. Ranked 10 of the 13 Basic Materials companies read so far, by the share within reach now.

A steelmaker whose filing states its total, its U.S. share and its hourly and union figures, with one steelmaking segment and its mines described but not counted, so the mills lead with mining and steel products by description.

The figures on this page come from the company's own annual report and from BLS staffing patterns for its industries, never from a roster. They are estimates with a stated method. Nothing here says what the company will do: within reach is not a forecast of jobs lost or of savings.

What follows from the reading

Share of working time within reach of AI, on the long-run pace at four in five: 16% now, 23% at the end of 2027, 26% at the end of 2028, 27% at the end of 2030. By the patterns, the work is about 27% desk work, 9% people work and 64% body work. These are the site's industry estimates weighted by the shares below: estimates with a stated method and range, not a forecast of what the company will do. By the same patterns, at the end of 2028 about 69% of the working time stays with people (conversation, in-person and hands-on work), 26% becomes checking a model's work and 4% could be handed over with lighter checks, from the industries' own figures, not the company's roles.

Headcount

25,000 employees as of December 31, 2025 (stated). Approximately 90% located within the U.S., as the filing states; the rest in Canada.

The filing: “Headquartered in Cleveland, Ohio, we employ approximately 25,000 people across our operations in the United States and Canada.”

The workforce as industry patterns

What the filing says about the workforce: About 25,000 employees as of December 31, 2025 (30,000 a year earlier), about 90% in the U.S.; over 70% hourly, with over 18,000 under collective bargaining agreements and more than 90% of the hourly workforce represented by the USW, UAW and IAM; all open labor agreements renegotiated in 2025.

Companies read with the same leading pattern

Other companies whose largest staffing pattern is also Iron and Steel Mills and Ferroalloy Manufacturing, largest first, each read from its own annual report. Within reach now and at the end of 2028, long-run pace, four in five.

• Nucor Corporation (NUE, 33,000 employees)16% now, 27% by 2028

What the filing says about AI

9 sentences in the filing name AI. The filing names AI 9 times, as a driver of electricity demand that worsens power shortages and as a factor in evolving cybersecurity threats.

• “Amended and Restated 2015 Equity and Incentive Compensation Plan ABL Facility Asset-Based Revolving Credit Agreement, dated as of March 13, 2020, among Cleveland-Cliffs Inc., the lenders party thereto from time to time and Bank of America, N.A., as administrative agent, as amended as of March 27, 2020, December 9, 2020, December 17, 2021, June 9, 2023, July 31, 2024, and September 13, 2024, and...”
• “The shortage will continue to be exacerbated by the anticipated widespread adoption of AI in virtually all sectors of the economy, which will exponentially increase the consumption of electricity in the U.S. and worldwide.”
• “As cybersecurity threats continue to evolve and may become more sophisticated, including in connection with the ongoing development of AI, we may be required to incur significant costs and invest additional resources to protect against and, if required, 25 | CLF 2025 FORM 10-K Table of Contents remediate the damage caused by such disruptions or system failures in the future.”
• “Furthermore, as we evaluate AI technologies for potential use in our operations, we face new and emerging risks, including evolving regulatory requirements and the possibility that threat actors may exploit AI-enhanced cyberattack techniques.”
• “Although we believe we are taking a deliberate and measured approach to AI adoption, any failure to implement appropriate governance frameworks or security protocols could adversely affect our operations or expose us to regulatory scrutiny and third-party liability.”

Its annual reports, year by year

Sentences naming AI in each annual report, counted by one rule, beside the median report in the Index that year. Each count links its filing. Every company, by year and sector

• Fiscal 20210median 0
• Fiscal 20220median 0
• Fiscal 20232median 1
• Fiscal 20240median 4
• Fiscal 20259median 10

Headcount by filing year

As reported in each year's annual report, with the filing. A year marked not read had no figure the reading could take from the report's text.

Limits of this reading

• Pattern shares rest on the filing's descriptions and segment revenue (c), not stated headcounts; the mining share is a tenth by description.

Source: the company's annual report on EDGAR, accession 0000764065-26-000025, the filing. Read by Claude Fable 5.1 under rubric version 1, by the method. A company can write to info@stratussc.com to have its reading checked against its filing.