<SEC-DOCUMENT>0001140361-21-006135.txt : 20210225
<SEC-HEADER>0001140361-21-006135.hdr.sgml : 20210225
<ACCEPTANCE-DATETIME>20210225122615
ACCESSION NUMBER:		0001140361-21-006135
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20210211
FILED AS OF DATE:		20210225
DATE AS OF CHANGE:		20210225

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			ArcelorMittal
		CENTRAL INDEX KEY:			0001243429
		STANDARD INDUSTRIAL CLASSIFICATION:	STEEL WORKS, BLAST FURNACES  ROLLING MILLS (COKE OVENS) [3312]
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-08944
		FILM NUMBER:		21678319

	BUSINESS ADDRESS:	
		STREET 1:		24-26, BOULEVARD D?AVRANCHES
		STREET 2:		L-1160 LUXEMBOURG
		CITY:			GRAND DUCHY OF LUXEMBOURG
		STATE:			N4
		ZIP:			00000
		BUSINESS PHONE:		35247922151

	MAIL ADDRESS:	
		STREET 1:		24-26, BOULEVARD D?AVRANCHES
		STREET 2:		L-1160 LUXEMBOURG
		CITY:			GRAND DUCHY OF LUXEMBOURG
		STATE:			N4
		ZIP:			00000

	FORMER NAME:	
		FORMER CONFORMED NAME:	ARCELOR
		DATE OF NAME CHANGE:	20030618

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			ArcelorMittal North America Holdings LLC
		CENTRAL INDEX KEY:			0001836580
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-08944
		FILM NUMBER:		21678318

	BUSINESS ADDRESS:	
		STREET 1:		1 SOUTH DEARBORN STREET, 13TH FLOOR
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60603
		BUSINESS PHONE:		312 899 3902

	MAIL ADDRESS:	
		STREET 1:		1 SOUTH DEARBORN STREET, 13TH FLOOR
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60603

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CLEVELAND-CLIFFS INC.
		CENTRAL INDEX KEY:			0000764065
		STANDARD INDUSTRIAL CLASSIFICATION:	METAL MINING [1000]
		IRS NUMBER:				341464672
		STATE OF INCORPORATION:			OH
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		200 PUBLIC SQUARE
		STREET 2:		STE. 3300
		CITY:			CLEVELAND
		STATE:			OH
		ZIP:			44114-2315
		BUSINESS PHONE:		216-694-5700

	MAIL ADDRESS:	
		STREET 1:		200 PUBLIC SQUARE
		STREET 2:		STE. 3300
		CITY:			CLEVELAND
		STATE:			OH
		ZIP:			44114-2315

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CLIFFS NATURAL RESOURCES INC.
		DATE OF NAME CHANGE:	20081015

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CLEVELAND CLIFFS INC
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>form4.xml
<DESCRIPTION>FORM 4
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0306</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2021-02-11</periodOfReport>

    <notSubjectToSection16>true</notSubjectToSection16>

    <issuer>
        <issuerCik>0000764065</issuerCik>
        <issuerName>CLEVELAND-CLIFFS INC.</issuerName>
        <issuerTradingSymbol>CLF</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001243429</rptOwnerCik>
            <rptOwnerName>ArcelorMittal</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>24-26, BOULEVARD DAVRANCHES</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>GRAND DUCHY OF LUXEMBOURG</rptOwnerCity>
            <rptOwnerState>N4</rptOwnerState>
            <rptOwnerZipCode>L-1160</rptOwnerZipCode>
            <rptOwnerStateDescription>LUXEMBOURG</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isOther>true</isOther>
            <otherText>Former 10% Owner</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001836580</rptOwnerCik>
            <rptOwnerName>ArcelorMittal North America Holdings LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>1 SOUTH DEARBORN STREET, 13TH FLOOR</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>CHICAGO</rptOwnerCity>
            <rptOwnerState>IL</rptOwnerState>
            <rptOwnerZipCode>60603</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isOther>true</isOther>
            <otherText>Former 10% Owner</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Shares</value>
            </securityTitle>
            <transactionDate>
                <value>2021-02-11</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>40000000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>16.12</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                    <footnoteId id="F1"/>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>38186671</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See Footnote</value>
                    <footnoteId id="F2"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">On February 11, 2021, ArcelorMittal North America Holdings LLC, an indirect, wholly-owned subsidiary of ArcelorMittal, sold 40 million common shares of Cleveland-Cliffs Inc. pursuant to an underwritten public offering.</footnote>
        <footnote id="F2">These Common Shares are held directly by ArcelorMittal North America Holdings LLC, an indirect, wholly-owned subsidiary of ArcelorMittal.</footnote>
    </footnotes>

    <remarks>(3) The Reporting Persons are jointly filing this Form 4 pursuant to Rule 16a-3(j) under the Exchange Act.</remarks>

    <ownerSignature>
        <signatureName>By: Henk Scheffer, Authorized Signatory of ArcelorMittal</signatureName>
        <signatureDate>2021-02-25</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>By: Joseph P. Wallace, Authorized Signatory of ArcelorMittal North America Holdings LLC</signatureName>
        <signatureDate>2021-02-25</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
