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The indefinite idling of these facilities is not due to steel tariffs,” a company spokesperson said in a statement.
Steelmaker scraps plans for transformer plant.
Q1 Earnings: Cleveland-Cliffs reported first-quarter revenue of $4.63 billion, missing analyst estimates of $4.64 billion, ...
It says the idlings will result in $300 million a year in savings without impacting flat-rolled steel output. It says the ...
Cleveland-Cliffs, located along the Susquehanna River in Steelton, announced it will be temporarily closing because of low ...
Steelmaker Cleveland-Cliffs Inc. (NYSE: CLF) says it will indefinitely idle three steel plants — two in Pennsylvania and one ...
Cleveland-Cliffs has decided to idle several of its locations in Pennsylvania, including Steelton, affecting over 500 ...
Cleveland-Cliffs Inc. CLF) on Wednesday reported a loss of $495 million in its first quarter. The Cleveland-based company said it had a loss of $1 per share.
Cleveland-Cliffs is laying off more workers, this time in Illinois and Pennsylvania. The steelmaker is idling its ...
The union and local management were caught off-guard by the forthcoming idling of the south suburban mill in Riverdale that ...