CLEVELAND, OH-- Fourth quarter results were down for Cleveland Cliffs Incorporated in 2017, but numbers were up for the year as a whole.
Fourth quarter consolidated revenues were $601 million, compared to prior-year fourth quarter revenues of $754 million. The cost of goods sold was $492 million, compared to $573 million the same time in 2016.
Full-year 2017 consolidated revenues were $2.3 billion, compared to the prior year's revenues of $2.1 billion. The cost of goods sold was $1.8 billion dollars, compared to $1.7 billion reported in 2016.