Exhibit 3: Emissions Intensity by Steelmaking Archetype

Additional methane impact (GWP-20 year)*
Methane leakage (GWP-100 year)*
Additional supply chain (mining, beneficiating, pelletizing, oxygen)
Electricity use
Gary Works CCUS Project Impact
Direct on-site emissions
“Near Zero” Progress Level 4 at 20% scrap share of metallic inputs**

Average intensities per archetype, 20% scrap level assumed​.
Scope 2 grid factor = 0.46t CO2/ MWh; Upstream grid factor = 0.26t CO2 / MWh (MISO North); H2 is modeled to be 100% RE, behind-the-meter production​
2.2% NG methane leakage rate, coal methane leakage derived from thermal/met-specific averages from operating US coal mines ​
The abated BF-BOF assumes a 33% reduction in direct emissions from the use of CCUS and hydrogen injection; Methane leakage from the abated BF-BOF represents net impact across H2 substitution and CCUS interventions.​
H2 DRI EAF pathway assumes pyrolysis oil in the pellet plant and H2 use for ore heating in the DRI.​
Ore-to-pellet feed rate to produce DR-grade pellet assumes crude ore with in-situ grade of 31.66%Fe (Cleveland Cliff’s United Taconite mine); BF-grade pellet assumes crude ore with in-situ-grade of 24.88%Fe (avg of all US mines).​
*Global Warming Potential measures the relative warming impact of one unit mass of a greenhouse gas relative to carbon dioxide, over a specific time horizon (20 years or 100 years).
**Responsible Steel International Production Standard V 2.1
***Dedicated RE is used for only on-site electricity use and does not apply to upstream power consumption.