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Cleveland-Cliffs receives $400M Pentagon contract for electrical steel · Endata

◂ Announcements

Jul 1, 2026CONTRACTOhio, United States

Cleveland-Cliffs receives $400M Pentagon contract for electrical steel

Cleveland-Cliffs announced a $400 million sole-source contract from the US Defense Logistics Agency to supply grain-oriented electrical steel (GOES). The five-year contract runs through September 2030 and was originally awarded in September 2025.

Value

$400.0M

Status

Announced

Productsgrain-oriented electrical steel (GOES)

CompaniesCleveland-Cliffs supplier US Defense Logistics Agency customer

Sectors#Steel and Metal Products

“Cleveland-Cliffs officially announced on July 1, 2026 that it had received a $400 million sole-source, indefinite-delivery/indefinite-quantity contract from the US Defense Logistics Agency to supply grain-oriented electrical steel.”news.metal.com

1 source
news.metal.comCleveland-Cliffs confirms $400 million Pentagon contract for electrical steel - Shanghai Metals Market (SMM)Shanghai Metals Market (SMMJul 10, 2026

Summarized from public sources; check the original articles before acting on it.

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Cleveland-Cliffs to acquire Stelco for $2.5B
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Nov 9, 2023CONTRACTBurns Harbor, Indiana, United States
Waiward Industrial awarded contract for Cleveland-Cliffs cooler ring fabrication
Cleveland-Cliffs customer Waiward Industrial supplier waiward.com
Aug 13, 2023ACQUISITIONUnited States$7.80B
Cleveland-Cliffs proposes to acquire U.S. Steel for $35 per share
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