TEXT-EXTRACT 2 filename2.txt March 24, 2020 James D. Graham Executive Vice President, Chief Legal Officer & Secretary Cleveland-Cliffs Inc. 200 Public Square Suite 3300 Cleveland, OH 44114-2315 Re: Cleveland-Cliffs Inc. Registration Statement on Form S-4 Filed March 20, 2020 File No. 333-237325 Dear Mr. Graham: This is to advise you that we have not reviewed and will not review your registration statement. Please refer to Rules 460 and 461 regarding requests for acceleration. We remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff. Please contact Irene Barberena-Meissner at 202-551-6548 with any questions. Sincerely, Division of Corporation Finance Office of Energy & Transportation cc: Michael J. Solecki, Esq.