Cleveland-Cliffs (CLF) said Friday it is launching a "Buy American" incentive for its nearly 30,000 employees in 2025.
Under the incentive, employees who buy or lease a new American-built vehicle with substantial Cleveland-Cliffs steel content will receive a $1,000 cash bonus.
Vehicles produced outside of the United States, or that use a significant amount of imported flat-rolled steel, will not qualify for the cash bonus, the company said.
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