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 non-ferrous metal market trends (e.g., Comex, LME, Platts) using internal and external sources (e.g., Argus, Fastmarkets)
- Track domestic and export pricing, including key industry benchmarks
- Summarize daily/weekly market intelligence reports for internal stakeholders
- Assist in analyzing buy/sell pricing, spreads, and margins across scrap grades and regions
- Support commercial teams with pricing inputs for customer quotes and supplier negotiations
- Develop basic pricing models to evaluate deal economics
- Collect, organize, and analyze data related to scrap purchases, sales, shipments, and inventory
- Prepare reports, dashboards, and presentations to support leadership decisions
- Identify trends, anomalies, and opportunities within commercial performance data
- Prioritize and respond to daily customer & supplier reporting request
- Provide support for Purchase and Sale order entry
- Lead contact and managing details on all sides of non-ferrous brokerage documentation
- Assist sale and procurement managers with inventory management details
- Other duties as assigned
Minimum Qualifications:
- Bachelor’s degree or equivalent in Finance, Economics, Business Administration, Supply Chain Management, Engineering, or related field
- Entry-level: 0-2 years of experience
- Strong internship or academic project experience in analytics, finance, or commodities preferred
- Strong quantitative and problem-solving abilities
- Ability to identify abnormalities in datasets
- Proficiency in Microsoft Office Platform
- Exposure to Power BI, Tableau, or similar tools preferred
- Comfortable working with large datasets
- Interest in commodity markets, recycling, or steel industry
- Basic understanding of supply/demand fundamentals preferred
- Ability to clearly present findings to both technical and non-technical audiences
- Strong written communication for reporting and summaries
- Self-starter with strong attention to detail
- Ability to thrive in a fast-paced, market-driven environment
- Team-oriented with a collaborative mindset
- 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 careers@clevelandcliffs.com 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.