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

The steelmaker lost more than $480 million in the first three months of 2025 and is responding by cutting back capacity .

Cleveland-Cliffs announced in a Worker Adjustment and Retraining Notification (WARN) notice filed with the Pennsylvania ...

Cleveland-Cliffs reported a larger than expected Q1 adjusted loss and an 11% Y/Y decline in revenues to $4.63B, and announced ...

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 ... about 600 employees this summer. Cliffs in a statement sent to Crain's at the time that layoffs in Dearborn are expected to begin July 15 as the company temporarily ...

Ohio-based steelmaker reportedly will idle an EAF melt shop in Pennsylvania and a basic oxygen furnace complex in Illinois. Cleveland-Cliffs says the steel plants being idled fall outside of its core ...

Cleveland Cliffs did say, however, that it plans to resume operation at its blast furnace in Cleveland, which was idled last year.

(WHTM) – The Cleveland-Cliffs Inc. plant in Steelton will be ... and has a 150-ton D.C. electric arc furnace, among other capabilities. A company spokesperson says the closure is not related ...

Cleveland Cliffs did say, however, that it plans to resume operation at its blast furnace in Cleveland, which was idled last year. 24/7 coverage of breaking news and live events ...

Cleveland Cliffs did say, however, that it plans to resume operation at its blast furnace in Cleveland, which was idled last year. Stolen vehicle crashes into Mentor gas station in attempted ATM theft ...