Commercial Analyst

Location: Detroit, MI

Ferrous Processing and Trading (FPT) is one of North America’s premier processors, buyers, sellers and recyclers of scrap metals of all kinds and is a key supplier to the metals industry of North America. FPT is a wholly-owned business of Cleveland-Cliffs has an immediate opportunity for a Commercial Analyst at our Detroit, MI Corporate Office. This role offers hands-on exposure to the recycled metals and ferrous scrap markets, supporting pricing strategy, market analysis, and commercial decision-making across domestic and global steel supply chains.

Summary of Responsibilities:

• Monitor and analyze ferrous scrap and steel market trends using industry sources (e.g., Argus, Fastmarkets)
• Track domestic and export pricing and key industry benchmarks
• Support pricing decisions by analyzing buy/sell data, spreads, and margins
• Assist with customer quotes and supplier negotiations
• Build basic pricing models to evaluate deal profitability
• Collect and analyze data related to purchases, sales, inventory, and shipments
• Prepare reports, dashboards, and market summaries for leadership
• Collaborate with operations, logistics, finance, and sales teams
• Support forecasting and ad hoc commercial projects
• Other duties as assigned

Minimum Qualifications:

• Strong analytical and problem-solving abilities with the ability to interpret market data and identify trends
• Proficiency in Microsoft Excel (formulas, pivot tables, and data analysis)
• Experience with Power BI, Tableau, or similar data visualization tools (preferred)
• Interest in commodity markets, recycling, or the steel industry
• Understanding of supply and demand fundamentals (preferred)
• Strong written and verbal communication skills, with the ability to present insights clearly
• Detail-oriented, self-motivated, and able to work in a fast-paced environment
• Collaborative team player with the ability to work cross-functionally

Ferrous Processing and Trading is a subsidiary of Cleveland-Cliffs Inc., the largest flat-rolled steel company and the largest iron ore pellet producer in North America.  Cleveland-Cliffs is vertically integrated from mined raw materials, direct reduced iron, and ferrous scrap to primary steelmaking and downstream finishing, stamping, tooling, and tubing.  We offer an excellent total compensation package including competitive pay, health insurance, retirement plan, education assistance, paid time off, and more!

Cleveland-Cliffs Inc. is committed to working with and providing reasonable accommodation to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the employment process, please send an e-mail to [email protected] or call 1-(312) 899-3097 and let us know the nature of your request and your contact information. Do not email your application materials to this email address. Application materials sent to this email address will not be considered.

Cleveland-Cliffs Inc. is an equal opportunity employer – M/F/Veteran/Disability. We are a drug-free workplace and conduct pre-employment screening as a condition of employment.