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

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

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

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

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

Q1 2025 Management View CEO Lourenco Goncalves addressed the company's Q1 2025 performance, describing the results as "unacceptable" due to underperforming non-core assets and the lingering impact of ...

Cleveland-Cliffs is idling plants and reducing spending after the steelmaker posted a wider-than-expected quarterly loss.

I would like to welcome everybody to Cleveland-Cliffs First Quarter 2025 Earnings ... a very disadvantageous slab supply contract with ArcelorMittal/Nippon Steel Calvert. Let's address each ...

ON MAY 8 reported first-quarter 2025 a GAAP net loss of $483 million, or $1.00 per diluted share, with an adjusted net loss of $456 million, ...

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.

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.