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Cleveland-Cliffs announced more lay offs this week and reported a $483 million loss for the first quarter of 2025.
The steelmaker lost more than $480 million in the first three months of 2025 and is responding by cutting back capacity .
Steelmaker Cleveland-Cliffs Inc. (NYSE: CLF) says it will indefinitely idle three steel plants — two in Pennsylvania and one ...
Cleveland Cliffs reported surprisingly weak first-quarter numbers, and announced it was idling some plants to reduce losses.
Over 500 workers at a Steelton rail facility will be laid off next month as its owners prepare to close the plant.
Cleveland Cliffs in recent weeks had announced that it will idle or partially idle two iron ore mines in Minnesota, affecting 630 workers. It also said in March that it will idle a steel plant in ...
Q1 2025 Earnings Conference Call May 8, 2025 8:30 AM ETCompany ParticipantsLourenco Goncalves - Chairman, President ...
A Calumet Region steel mill is set to be idled, putting hundreds out of work. Cleveland-Cliffs plans to idle its Riverdale ...
Cleveland Cliffs in recent weeks had announced that it will idle or partially idle two iron ore mines in Minnesota ... idle a steel plant in Dearborn, Michigan, affecting about 600 workers ...