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The steelmaker lost more than $480 million in the first three months of 2025 and is responding by cutting back capacity .
Cleveland-Cliffs reported a larger than expected Q1 adjusted loss and an 11% Y/Y decline in revenues to $4.63B, and announced ...
Cleveland Cliffs reported surprisingly weak first-quarter numbers, and announced it was idling some plants to reduce losses.
A Steelton rail facility is among six Cleveland-Cliffs plants that will be partially or fully idled in a cost-cutting move.
The Weirton project was rolled out with considerable fanfare in July 2024. Cliffs’ plan was to repurpose its closed Weirton ...
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. 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.
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 ...
Cleveland Cliffs did say, however, that it plans to resume operation at its blast furnace in Cleveland, which was idled last year. Get the Facts: Is May 7 my last day to get a REAL ID? What ...