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

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

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

A Steelton rail facility is among six Cleveland-Cliffs plants that will be partially or fully idled in a cost-cutting move.

Chief Executive Lourenco Goncalves said the steelmaker will make a higher volume commitment with its automotive customers.

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

Cleveland-Cliffs is laying off more workers, this time in Illinois and Pennsylvania. The steelmaker is idling its ...

Cleveland-Cliffs Chairman, President and CEO Lourenco Goncalves said the steelmaker's $483 million loss in the first quarter ...

Q1 2025. Management View. CEO Lourenco Goncalves addressed the company's Q1 2025 performance, describing the results as "unacce ...

Days after Cleveland-Cliffs announced it was halting its investment in a planned transformer manufacturing facility in ...

In an earnings call today, company officials elaborated on their reasoning, saying abandonment of the project would result in ...

The moves means nearly 1,000 people will lose their jobs. Executives say they’ve been asked about selling assets that could ...