In the short term, we need to do everything we can to make sure that we remain cost-competitive... We are taking decisive ...

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

Cleveland-Cliffs is temporarily cutting hundreds of jobs after reporting a significant loss in the first quarter of 2025, and ...

Shares of Cleveland Cliffs, the second-largest steelmaker in the U.S. by volume, have lost more than a third of their value ...

A Steelton rail facility is among six Cleveland-Cliffs plants that will be partially or fully idled in a cost-cutting move.

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

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

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.