Cleveland-Cliffs Inc. provided earnings guidance for the fourth quarter ended December 31, 2020. The Company completed its acquisition of ArcelorMittal USA on December 9, 2020. Due to the extensive accounting integration associated with the transaction, only selected preliminary financial information is available at this time. The preliminary results announced cover the entire fourth-quarter 2020 period for both the AK Steel and legacy Cleveland-Cliffs businesses, and include the performance of Cleveland-Cliffs Steel (formerly ArcelorMittal USA) from the period of December 9, 2020, through December 31, 2020. Fourth-quarter 2020 consolidated revenues of approximately $2.2 to $2.3 billion, a approx. 320% increase over the prior-year period.