Ferrous Processing and Trading (FPT) is one of North America’s premier processors, sellers, and recyclers of scrap metals of all kinds. They are supported by the unique skills and experience of the management, commercial, and operations teams. Their ownership assures both financial strength and a deep commitment to the industry and their customers. FPT’s reputation is built on the core values of integrity, expertise, responsiveness, and creativity in the scrap metal recycling industry.

Ferrous Processing and Trading is a key supplier to the metals industry of North America. They are also a major scrap metals management company for the U.S. auto industry. From every stage of the metal recycling process from the assembly line to the used parts pile then through the scrap processing yard and into the furnace, FPT has the right answers for handling and marketing metal.

A Cleveland-Cliffs Company
Cleveland-Cliffs is a fully integrated, high-quality steel producer. We are vertically integrated from mined raw materials, ferrous scrap, and direct reduced iron to primary steelmaking and downstream finishing, stamping, tooling, and tubing. As a team of more than 26,000 people, we proudly serve a diverse range of markets and are the largest steel supplier to the automotive industry in North America.

Built on a strong legacy of safety and environmental stewardship, we operate responsibly and are committed to a sustainable future. With ongoing initiatives to reduce waste, improve water conservation, and reduce carbon emissions by 25% by 2030, we promise to become North America’s leader in steelmaking and mining sustainability.

Our Core Values

INTEGRITY
Our core values are very important, integrity being the first one. From our largest manufacturing customer to our smallest peddler supplier…from our senior executives to our yard laborers; we share a common commitment to doing the right thing. We are very proud of our long-standing trade relationships, where mutual trust and confidence have built ever stronger over the years. We are in business for the long pull, and our reputation for straight forward dealing is one of our cherished assets.

RESPONSIVENESS
While we have grown to be one of North America’s largest scrap metal processors and sellers, we have worked hard to retain the best attributes of our founding companies; particularly the ability to react quickly and decisively to issues and opportunities. When circumstances dictate, we can quickly deploy our breadth of talented personnel, equipment and capital to respond to developments while they are still fresh. We are regularly complemented by our customers and associates for our ability to quickly mobilize.

EXPERTISE
One particular benefit of our background and growth has been the acquisition of our team of management, commercial and operations personnel with skills and experience that are some of the broadest and deepest in the industry. This has fostered our commitment to continue to build on and develop new generations of industry leaders with superior skills, training and exposure to help secure a successful and competitive future for years to come.

CREATIVITY
A serious look at our array of successful customers in the steel making, foundry and automotive industries shows that their leadership and management have been visionary and innovative in both their business models and their response to market conditions. Our management and ownership share the same creative perspective toward dealing with constantly evolving markets and technology. Many of our signature successes for which we are recognized in the industry are the result of this creativity and the commitment to see it through.

Find your Future in Steel

At Cleveland-Cliffs, we offer opportunities in a variety of technical and professional disciplines. Whether you work in the field or the office, you’ll find an environment that empowers you to achieve your highest potential. You can expect a competitive compensation package, opportunities for advancement, and work-life balance.

Our Commitment to Our Team
Our employees are one of our most important assets. It’s our continual focus to provide a safe work environment and quality jobs for each one of them. With more than 70% of our workforce represented by labor unions, we prioritize consistent, two-way communication with our employees and union partners, strong compensation, and solid benefits that support our employees’ successful careers.

With operating facilities across the United States and Canada, there are many places a career with Cleveland-Cliffs can take you. You will have a variety of opportunities to grow within the business and the freedom to pursue your passions. Many Cleveland-Cliffs operations have developed formal apprenticeship and craft training programs in partnership with local unions and technical schools — in 2020, we had nearly 250 of them across our operations. These advanced training programs provide unique opportunities for our employees to increase their skills and gain experience through on-the-job training, so you’ll have the support you need to pursue whichever path you choose in business.