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About 630 workers will be affected as the company plans to idle two mines amid ongoing discussions about the consequences of President Donald Trump's 25% tariffs on steel imports.
Cleveland-Cliffs owns Minorca Mine in its entirety ... and their hard work has built and sustained communities across Minnesota for generations. When our Steelworkers hurt, we all hurt.” ...
with an estimated 600 workers sidelined at Cleveland-Cliffs last month. The company temporarily ceased operations at two of its Minnesota mines. That has led to a pair of proposals in the ...
Cleveland-Cliffs (CLF) navigates steel market challenges with a turnaround strategy focusing on CapEx, debt reduction, and margins. Read more here.
when it announced the "temporary" layoffs of 630 workers at two of its mining operations in Virginia and Hibbing, Minnesota. Of note, Cleveland-Cliffs is vertically integrated, with both iron ore ...
At the same time, Cleveland-Cliffs, the steel conglomerate that ... in half by 2015 and prompting thousands of layoffs at Minnesota’s mines. Since then, “the Iron Range has known that tariffs ...
Facing a slowdown among their large automotive clients, the leaders of Cleveland-Cliffs Inc. have in recent days said they will idle two plants in Minnesota and another in Michigan and lay off roughly ...
Cleveland-Cliffs Inc.’s CLF share price has dipped by 5.75%, which has investors questioning if this is right time to buy.
The most recent trading session ended with Cleveland-Cliffs (CLF) standing at $7.91 ... Coming into today, shares of the mining company had lost 15.22% in the past month. In that same time ...
Cleveland-Cliffs Inc. operates as a flat ... Further, it owns five iron ore mines in Minnesota and Michigan. The company serves automotive, infrastructure, and manufacturing industries; and ...