In a press release, Cleveland-Cliffs said it would spend $1.3 billion of its own money to replace the Middletown furnace with facilities powered by hydrogen and natural gas. Project would have ...

Cleveland-Cliffs' expansion and debt burden exacerbate its vulnerability in a market shifting away from virgin steel ...

PRESIDENT TRUMP ANNOUNCES NEW AUTO TARIFFS Cleveland-Cliffs said by mid-July it expects its Cleveland Works C6 blast furnace to be back in full operation after it was idled last year. It added ...

Cleveland-Cliffs completed several projects in Northwest Indiana last year, according to the company's newly released 2024 Sustainability Report. The steelmaker finished a hydrogen trial at ...

Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer. The Motley Fool reaches millions of people every month through our premium ...

it was announced that a $500 million grant was earmarked for Cleveland-Cliffs in Middletown, the boyhood home of Vice President JD Vance, to help the company upgrade its aging blast furnaces.

A $500 million grant from the Biden administration was slated for steel giant Cleveland-Cliffs in Middletown, Ohio — to help the company upgrade its aging blast furnaces. Another $75 million was ...

B. Riley lowered the firm’s price target on Cleveland-Cliffs (CLF) to $17 from $20 and keeps a Buy rating on the shares. The firm believes the ...

Citi notes Cleveland-Cliffs (CLF) has announced the temporary closure of its Dearborn steel mill, which will be offset by the return of the Cleveland C6 blast furnace in what the analyst says ...

Cleveland-Cliffs (CLF) navigates steel market challenges with a turnaround strategy focusing on CapEx, debt reduction, and margins. Read more here.

Steelmaker Cleveland-Cliffs announced this week it will idle one of its production factories and lay off about 600 workers, citing soft demand for steel used in auto manufacturing. Cleveland ...