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The indefinite idling of these facilities is not due to steel tariffs,” a company spokesperson said in a statement.
On Wednesday, following the closure of the stock market, it was learned that plans to convert Weirton’s Cleveland-Cliffs ...
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 ...
Steelmaker Cleveland-Cliffs Inc. (NYSE: CLF) says it will indefinitely idle three steel plants — two in Pennsylvania and one ...
Cleveland Cliffs in recent weeks had announced that it will idle or partially idle two iron ore mines in Minnesota, affecting 630 workers. It also said in March that it will idle a steel plant in ...
Cleveland-Cliffs, located along the Susquehanna River in Steelton, announced it will be temporarily closing because of low ...
The union and local management were caught off-guard by the forthcoming idling of the south suburban mill in Riverdale that ...
Cleveland-Cliffs is laying off more workers, this time in Illinois and Pennsylvania. The steelmaker is idling its ...
“This temporary, indefinite idle is a necessary response to insufficient demand and pricing for the products produced at ...
According to our estimates, revenues are expected to reach $5.2 billion, while the consensus estimates for earnings forecast ...
Steelmaker Cleveland-Cliffs ... that it will idle a steel plant in Dearborn, Michigan, affecting about 600 workers, citing “weak automotive production in the United States." ...