Cleveland-Cliffs announced more lay offs this week and reported a $483 million loss for the first quarter of 2025.

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

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

Nick Giles, B. Riley Securities: Asked about the timeline for achieving $300 million in cost savings. Celso Goncalves explained that savings would begin in the second half of 2025, with specific ...

Orders had been down for months at Cleveland-Cliffs' more-than-century-old Riverdale ... which sends over the molten iron in special heat-tempered train cars called pots. "Unfortunately, they ...

Steelmaker Cleveland-Cliffs will indefinitely idle three steel plants this summer HARRISBURG, Pa. -- Steelmaker Cleveland-Cliffs will indefinitely idle three steel plants this summer, saying ...

HARRISBURG, Pa. (AP) — Steelmaker Cleveland-Cliffs will indefinitely idle three steel plants this summer, saying Friday that it is being buffeted by sluggish demand and pricing for some products ...

THE MAYOR WANTS THE COMMITTEE ON FOREIGN INVESTMENT IN THE UNITED STATES TO COMPLETE THEIR REVIEW OF T Steelmaker Cleveland-Cliffs will indefinitely idle three steel plants this summer ...

Cleveland-Cliffs is laying off more workers, this time in Illinois and Pennsylvania. The steelmaker is idling its Conshohocken and Steelton mills in Pennsylvania, as well as its Riverdale mill in ...

Cleveland-Cliffs says the steel plants being idled fall outside of its core business focus. Photo courtesy of Cleveland-Cliffs Inc. Cleveland-based mining and steelmaking company Cleveland-Cliffs Inc.