Cleveland-Cliffs reached a deal to buy Canadian steel ... and its Hamilton Works finishing and coke-making operation—ships ...

Cliffs said 630 employees will be laid off in 60 days. A state senator said the company has excess pellets, and the auto industry, which uses Cliffs steel, faces "challenging economic conditions ...

Cleveland-Cliffs faces significant macroeconomic pressures, with a 64% stock decline over the past year. Click here to read ...