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The indefinite idling of these facilities is not due to steel tariffs,” a company spokesperson said in a statement.
A Steelton rail facility is among six Cleveland-Cliffs plants that will be partially or fully idled in a cost-cutting move.
Cleveland-Cliffs announced more lay offs this week and reported a $483 million loss for the first quarter of 2025.
Cleveland-Cliffs is idling plants and reducing spending after the steelmaker posted a wider-than-expected quarterly loss.
The future of the proposed transformer manufacturing facility in Weirton is facing uncertainty after union leaders learned ...
The steelmaker will idle three plants, saying it's being buffeted by sluggish demand and pricing for some products, including ...
On Wednesday, Cleveland-Cliffs Inc., the largest flat-rolled steel producer in North America, announced that plans to ...
Cleveland-Cliffs Chairman, President and CEO Lourenco Goncalves said the steelmaker's $483 million loss in the first quarter ...
Chief Executive Lourenco Goncalves said the steelmaker will make a higher volume commitment with its automotive customers.
Cleveland-Cliffs reported a larger than expected Q1 adjusted loss and an 11% Y/Y decline in revenues to $4.63B, and announced ...
Cleveland-Cliffs ( CLF -15.25%) stock reported a loss last night that was much worse than anticipated, sending its stock ...