Chief Executive Lourenco Goncalves said the steelmaker will make a higher volume commitment with its automotive customers.

It says the idlings will result in $300 million a year in savings without impacting flat-rolled steel output. It says the ...

Q1 Earnings: Cleveland-Cliffs reported first-quarter revenue of $4.63 billion, missing analyst estimates of $4.64 billion, ...

Cleveland-Cliffs, the second-largest U.S. steelmaker, will idle two plants in Pennsylvania and one in Illinois this summer due to weak demand and low prices. The “temporary, indefinite” closures at ...

The Cleveland-based company said it had a loss of $1 per share. Losses, adjusted for non-recurring costs, came to 92 cents per share. The results missed Wall Street expectations. The average estimate ...

STEELTON, Pa. (WHTM) – The Cleveland-Cliffs Inc. plant in Steelton will be closing, according to LaRue Hess, president of Steelworkers Union Local 1688. A company spokesperson confirmed plans to ...

According to ARGUS Media, steel-maker Cleveland-Cliffs is closing three steel-making mills this summer, including the Steelton, Pa., railroad rail mill, because of weakened demand for products ...

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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The steelmaker will idle three plants, saying it's being buffeted by sluggish demand and pricing for some products, including ...

HARRISBURG, Pa. (AP) — Steelmaker Cleveland-Cliffs will indefinitely idle three steel plants this summer, saying Friday that it is being buffeted by sluggish demand and pricing for some products ...