The steelmaker lost more than $480 million in the first three months of 2025 and is responding by cutting back capacity .

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

Shares of Cleveland Cliffs, the second-largest steelmaker in the U.S. by volume, have lost more than a third of their value ...

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

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

The Weirton project was rolled out with considerable fanfare in July 2024. Cliffs’ plan was to repurpose its closed Weirton ...

ON MAY 8 reported first-quarter 2025 a GAAP net loss of $483 million, or $1.00 per diluted share, with an adjusted net loss of $456 million, ...

Cleveland-Cliffs reported a larger than expected Q1 adjusted loss and an 11% Y/Y decline in revenues to $4.63B, and announced ...

On Wednesday, Cleveland-Cliffs Inc., the largest flat-rolled steel producer in North America, announced that plans to ...

It says the idlings will result in $300 million a year in savings without impacting flat-rolled steel output. It says the ...

Q1 Earnings: Cleveland-Cliffs reported first-quarter revenue of $4.63 billion, missing analyst estimates of $4.64 billion, ...