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    <label xlink:label="label_CLF_clfOtherReservesOther_Standard" id="CLF_clfOtherReservesOther_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="it">Other Reserves Other</label>
    <label xlink:label="label_CLF_clfProfitOrLossAttributableToOrdinaryEquityHoldersOfParentEntity_Standard" id="CLF_clfProfitOrLossAttributableToOrdinaryEquityHoldersOfParentEntity_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="it">Profit Or Loss Attributable To Ordinary Equity Holders Of Parent Entity</label>
    <label xlink:label="label_CLF_ifrs-fullEquityAttributableToOwnersOfParent_Total" id="CLF_ifrs-fullEquityAttributableToOwnersOfParent_Total" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="it">Patrimonio netto del gruppo</label>
    <label xlink:label="label_CLF_clfCapitalAttributableToNoncontrollingInterests_Standard" id="CLF_clfCapitalAttributableToNoncontrollingInterests_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="it">Capital Attributable To Non controlling Interests</label>
    <label xlink:label="label_CLF_clfProfitOrLossAttributableToNoncontrollingInterests_Standard" id="CLF_clfProfitOrLossAttributableToNoncontrollingInterests_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="it">Profit Or Loss Attributable To Non controlling Interests</label>
    <label xlink:label="label_CLF_ifrs-fullEquity_Total" id="CLF_ifrs-fullEquity_Total" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="it">Totale patrimonio netto consolidato</label>
    <label xlink:label="label_CLF_ifrs-fullLongtermBorrowings_Total" id="CLF_ifrs-fullLongtermBorrowings_Total" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="it">Passività finanziarie non correnti</label>
    <label xlink:label="label_CLF_ifrs-fullNoncurrentLiabilities_Total" id="CLF_ifrs-fullNoncurrentLiabilities_Total" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="it">Totale passività non correnti</label>
    <label xlink:label="label_CLF_ifrs-fullCurrentLiabilities_Total" id="CLF_ifrs-fullCurrentLiabilities_Total" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="it">Totale passività correnti</label>
    <label xlink:label="label_CLF_ifrs-fullEquityAndLiabilities_Total" id="CLF_ifrs-fullEquityAndLiabilities_Total" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="it">TOTALE PASSIVITA' E PATRIMONIO NETTO</label>
    <label xlink:label="label_CLF_ProfitOrLossTable" id="CLF_ProfitOrLossTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="it">Utile o perdita [table]</label>
    <label xlink:label="label_ProfitOrLossLineItems" id="ProfitOrLossLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="it">Utile o perdita [line items]</label>
    <label xlink:label="label_CLF_clfChangesInInventoriesOfRawMaterials_Standard" id="CLF_clfChangesInInventoriesOfRawMaterials_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="it">Changes In Inventories Of Raw Materials</label>
    <label xlink:label="label_CLF_clfUseOfThirdPartyAssets_Standard" id="CLF_clfUseOfThirdPartyAssets_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="it">Use Of Third Party Assets</label>
    <label xlink:label="label_CLF_ifrs-fullProfitLossFromOperatingActivities_Total" id="CLF_ifrs-fullProfitLossFromOperatingActivities_Total" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="it">Risultato operativo</label>
    <label xlink:label="label_CLF_ifrs-fullProfitLossBeforeTax_Total" id="CLF_ifrs-fullProfitLossBeforeTax_Total" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="it">Risultato prima delle imposte</label>
    <label xlink:label="label_CLF_ifrs-fullProfitLoss_Total" id="CLF_ifrs-fullProfitLoss_Total" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="it">Risultato dell'esercizio</label>
    <label xlink:label="label_CLF_ifrs-fullBasicEarningsLossPerShare_Total" id="CLF_ifrs-fullBasicEarningsLossPerShare_Total" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="it">Utile/(Perdita) base per azione (euro)</label>
    <label xlink:label="label_CLF_ifrs-fullDilutedEarningsLossPerShare_Total" id="CLF_ifrs-fullDilutedEarningsLossPerShare_Total" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="it">Utile/(Perdita) diluito per azione (euro)</label>
    <label xlink:label="label_CLF_ifrs-fullOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax_Total" id="CLF_ifrs-fullOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax_Total" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="it">Componenti che non saranno successivamente riclassificati</label>
    <label xlink:label="label_CLF_ifrs-fullOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax_Total" id="CLF_ifrs-fullOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax_Total" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="it">Componenti che saranno successivamente riclassificati</label>
    <label xlink:label="label_CLF_ifrs-fullOtherComprehensiveIncome_Total" id="CLF_ifrs-fullOtherComprehensiveIncome_Total" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="it">Totale componenti del conto economico complessivo</label>
    <label xlink:label="label_CLF_ifrs-fullComprehensiveIncome_Total" id="CLF_ifrs-fullComprehensiveIncome_Total" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="it">Risultato complessivo dell'esercizio</label>
    <label xlink:label="label_CLF_ifrs-fullCashAndCashEquivalents_PeriodStart" id="CLF_ifrs-fullCashAndCashEquivalents_PeriodStart" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="it">Disponibilità liquide e mezzi equivalenti al 1° gennaio</label>
    <label xlink:label="label_CLF_clfAdjustmentsForCurrentTaxAssetsCurrent_Standard" id="CLF_clfAdjustmentsForCurrentTaxAssetsCurrent_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="it">Adjustments For Current Tax Assets Current</label>
    <label xlink:label="label_CLF_clfAdjustmentsForCurrentTaxLiabilitiesCurrent_Standard" id="CLF_clfAdjustmentsForCurrentTaxLiabilitiesCurrent_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="it">Adjustments For Current Tax Liabilities Current</label>
    <label xlink:label="label_CLF_clfAdjustmentsForDeferredTaxAssets_Standard" id="CLF_clfAdjustmentsForDeferredTaxAssets_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="it">Adjustments For Deferred Tax Assets</label>
    <label xlink:label="label_CLF_clfAdjustmentsForCurrentTaxAssetsNoncurrent_Standard" id="CLF_clfAdjustmentsForCurrentTaxAssetsNoncurrent_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="it">Adjustments For Current Tax Assets Non current</label>
    <label xlink:label="label_CLF_clfAdjustmentsForDeferredTaxLiabilities_Standard" id="CLF_clfAdjustmentsForDeferredTaxLiabilities_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="it">Adjustments For Deferred Tax Liabilities</label>
    <label xlink:label="label_CLF_clfAdjustmentsForIncreaseDecreaseInEmployeeBenefitPayables_Standard" id="CLF_clfAdjustmentsForIncreaseDecreaseInEmployeeBenefitPayables_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="it">Adjustments For Increase Decrease In Employee Benefit Payables</label>
    <label xlink:label="label_CLF_clfCashFlowsFromUsedInIncreaseDecreaseFinancialAssets_Standard" id="CLF_clfCashFlowsFromUsedInIncreaseDecreaseFinancialAssets_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="it">Variazione attività finanziarie</label>
    <label xlink:label="label_CLF_clfOtherChangesInShareholdersEquity_Standard" id="CLF_clfOtherChangesInShareholdersEquity_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="it">Other Changes In Shareholders Equity</label>
    <label xlink:label="label_CLF_clfTotalChangesInShareholdersEquity_Standard" id="CLF_clfTotalChangesInShareholdersEquity_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="it">Total Changes In Shareholders Equity</label>
    <label xlink:label="label_CLF_ifrs-fullCashAndCashEquivalents_PeriodEnd" id="CLF_ifrs-fullCashAndCashEquivalents_PeriodEnd" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="it">Disponibilità liquide e mezzi equivalenti netti a fine esercizio</label>
    <label xlink:label="label_CLF_ReserveOfRemeasurementsMember" id="CLF_ReserveOfRemeasurementsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="it">Reserve Of Remeasurements Member</label>
    <label xlink:label="label_CLF_ProfitLossAttributableToOwnersOfParentMember" id="CLF_ProfitLossAttributableToOwnersOfParentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="it">Profit Loss Attributable To Owners Of Parent Member</label>
    <label xlink:label="label_CLF_ifrs-fullEquity_PeriodEnd" id="CLF_ifrs-fullEquity_PeriodEnd" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="it">Sal do al 31/12/2019</label>
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