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The indefinite idling of these facilities is not due to steel tariffs,” a company spokesperson said in a statement.
It says the idlings will result in $300 million a year in savings without impacting flat-rolled steel output. It says the ...
Chief Executive Lourenco Goncalves said the steelmaker will make a higher volume commitment with its automotive customers.
On Wednesday, Cleveland-Cliffs Inc., the largest flat-rolled steel producer in North America, announced that plans to ...
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Stocktwits on MSNCleveland-Cliffs Posts $495M Q1 Loss, Halts Non-Core Operations To Refocus On Auto Sector — Retail Watches CautiouslyCleveland-Cliffs (CLF) stock fell 9.4% in extended trading on Wednesday after the company reported a bigger-than-expected ...
WEIRTON — Cleveland-Cliffs has decided to halt investment in a planned transformer manufacturing facility to be located in Weirton, company officials announced Wednesday. “Our first-quarter results ...
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 ...
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 ...
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