The moves means nearly 1,000 people will lose their jobs. Executives say they’ve been asked about selling assets that could ...

Cleveland-Cliffs Chairman, President and CEO Lourenco Goncalves said the steelmaker's $483 million loss in the first quarter ...

The indefinite idling of these facilities is not due to steel tariffs,” a company spokesperson said in a statement.

The Weirton project was rolled out with considerable fanfare in July 2024. Cliffs’ plan was to repurpose its closed Weirton ...

Cleveland Cliffs reported surprisingly weak first-quarter numbers, and announced it was idling some plants to reduce losses.

Cleveland-Cliffs Inc. CLF logged a loss (as reported) of $495 million or $1.00 per share in the first quarter of 2025, wider than a loss of $67 million or 14 cents per share a year ago.

WEIRTON, W.Va. — On Wednesday, following the closure of the stock market, it was learned that plans to convert Weirton’s Cleveland-Cliffs facility to an electric transformer facility have ...

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 ...

CLEVELAND (AP) — CLEVELAND (AP) — Cleveland-Cliffs Inc. (CLF) on Wednesday reported a loss of $495 million in its first quarter. The Cleveland-based company said it had a loss of $1 per share.