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Cleveland-Cliffs announced more lay offs this week and reported a $483 million loss for the first quarter of 2025.
Cleveland-Cliffs is idling plants and reducing spending after the steelmaker posted a wider-than-expected quarterly loss.
Cleveland Cliffs reported surprisingly weak first-quarter numbers, and announced it was idling some plants to reduce losses.
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A Steelton rail facility is among six Cleveland-Cliffs plants that will be partially or fully idled in a cost-cutting move.
Shares of Cleveland Cliffs, the second-largest steelmaker in the U.S. by volume, have lost more than a third of their value ...
The steelmaker lost more than $480 million in the first three months of 2025 and is responding by cutting back capacity .
Q1 2025 Earnings Conference Call May 8, 2025 8:30 AM ETCompany ParticipantsLourenco Goncalves - Chairman, President ...
Cleveland-Cliffs, the second-largest U.S. steelmaker, will idle two plants in Pennsylvania and one in Illinois this summer due to weak demand and low prices. The “temporary, indefinite” closures at ...
We recently compiled a list of the 14 Best Growth Stocks Under $10 to Buy Right Now. In this article, we are going to take a ...
The Weirton project was rolled out with considerable fanfare in July 2024. Cliffs’ plan was to repurpose its closed Weirton ...
WEIRTON — Cleveland-Cliffs has decided to halt investment in a planned transformer manufacturing facility to be located in Weirton, company officials announced Wednesday. “Our first-quarter results ...
Producers of metals and other raw materials rose sharply amid renewed hopes for de-escalation of a world trade war.
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