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

Chief Executive Lourenco Goncalves said the steelmaker will make a higher volume commitment with its automotive customers.

Q1 Earnings: Cleveland-Cliffs reported first-quarter revenue of $4.63 billion, missing analyst estimates of $4.64 billion, ...

Steelmaker Cleveland-Cliffs Inc. (NYSE: CLF) says it will indefinitely idle three steel plants — two in Pennsylvania and one ...

The union and local management were caught off-guard by the forthcoming idling of the south suburban mill in Riverdale that ...

The Cleveland-based company said it had a loss of $1 per share. Losses, adjusted for non-recurring costs, came to 92 cents per share. The results missed Wall Street expectations. The average estimate ...

The combination would reverse ArcelorMittal’s retreat from the United States as a production base after it sold most of its operations to Cleveland-Cliffs Inc in 2020 for US$1.4bil to focus on ...