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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 indefinite idling of these facilities is not due to steel tariffs,” a company spokesperson said in a statement.
Cleveland-Cliffs is laying off more workers, this time in Illinois and Pennsylvania. The steelmaker is idling its ...
Steelmaker Cleveland-Cliffs will indefinitely idle three steel plants this summer. The company said Friday that it is being ...
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 ...
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 ...
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