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

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

The indefinite idling of these facilities is not due to steel tariffs,” a company spokesperson said in a statement.

Cleveland-Cliffs reported a larger than expected Q1 adjusted loss and an 11% Y/Y decline in revenues to $4.63B, and announced ...

DOGE's proposed cuts to a key federal grant program could have significant repercussions for two local companies, including ...

Cleveland Cliffs in recent weeks had announced that it will idle or partially idle two iron ore mines in Minnesota, affecting 630 workers. It also said in March that it will idle a steel plant in ...

Our estimate for the average net selling price per net ton of steel products is $986, indicating a roughly 16.1% year-over-year decrease. Nevertheless, Cleveland-Cliffs is expected to have ...

Steelmaker Cleveland-Cliffs Inc. (NYSE: CLF) says it will indefinitely idle three steel plants — two in Pennsylvania and one in Illinois — this summer. The idles "are a necessary response to ...

Cleveland-Cliffs says the steel plants being idled fall outside of its core business focus. Photo courtesy of Cleveland-Cliffs Inc. Cleveland-based mining and steelmaking company Cleveland-Cliffs Inc.

Steelmaker Cleveland-Cliffs will indefinitely idle three steel plants this summer HARRISBURG, Pa. -- Steelmaker Cleveland-Cliffs will indefinitely idle three steel plants this summer, saying ...