Key Takeaways Cleveland-Cliffs is idling plants and reducing spending after it posted a wider-than-expected quarterly ...

Days after Cleveland-Cliffs announced it was halting its investment in a planned transformer manufacturing facility in ...

Cleveland-Cliffs Chairman, President and CEO Lourenco Goncalves said the steelmaker's $483 million loss in the first quarter ...

Cleveland-Cliffs announced more lay offs this week and reported a $483 million loss for the first quarter of 2025.

Cleveland-Cliffs will lay off 559 workers as it idles two Pennsylvania plants, citing weak demand, losses, and plans to ...

The moves means nearly 1,000 people will lose their jobs. Executives say they’ve been asked about selling assets that could ...

Chief Executive Lourenco Goncalves said the steelmaker will make a higher volume commitment with its automotive customers.

A Steelton rail facility is among six Cleveland-Cliffs plants that will be partially or fully idled in a cost-cutting move.

In an earnings call today, company officials elaborated on their reasoning, saying abandonment of the project would result in ...

Q1 2025 Management View CEO Lourenco Goncalves addressed the company's Q1 2025 performance, describing the results as "unacceptable" due to underperforming non-core assets and the lingering impact of ...

The Tilden Mine on the Marquette Range was not affected, but the closures include steelmaking facilities like the company’s ...

Cleveland-Cliffs (CLF) stock fell 9.4% in extended trading on Wednesday after the company reported a bigger-than-expected ...