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 is the majority owner of HibTac, with U.S. Steel a minority owner. MPR News reports the two mines employ around 4,000 people combined.

Imports never have been the steel problem Cleveland-Cliffs is – now at least – what we call an integrated steel producer. They mine ore – that's the origin of the business – and they ...

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 ...

shares of this mining company have returned -26%, compared to the Zacks S&P 500 composite's -4.2% change. During this period, the Zacks Steel - Producers industry, which Cleveland-Cliffs falls in ...

Cleveland-Cliffs has underperformed, offering 46.2% returns over the last decade versus the S&P 500's 206%. Read why I remain ...

Right now, Cleveland-Cliffs possesses a Zacks Rank of #4 (Sell). The Mining - Miscellaneous industry is part of the Basic Materials sector. At present, this industry carries a Zacks Industry Rank ...