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

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 ...

The future of the proposed transformer manufacturing facility in Weirton is facing uncertainty after union leaders learned ...

HARRISBURG, Pa. — 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 ...

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 ...

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 ...