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The moves means nearly 1,000 people will lose their jobs. Executives say they’ve been asked about selling assets that could ...
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 ...
A Steelton rail facility is among six Cleveland-Cliffs plants that will be partially or fully idled in a cost-cutting move.
Cleveland-Cliffs announced more lay offs this week and reported a $483 million loss for the first quarter of 2025.
Key Takeaways Cleveland-Cliffs is idling plants and reducing spending after it posted a wider-than-expected quarterly ...
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Steelmaker Cleveland-Cliffs will indefinitely idle three steel plants this summer, saying Friday that it is being buffeted by ...
DOGE's proposed cuts to a key federal grant program could have significant repercussions for two local companies, including ...
The Cleveland Browns may still have Deshaun Watson on the roster, but the organization can finally put the disastrous trade behind them in this weekend's 2025 NFL draft. Cleveland owns the No. 5 ...
Hot-rolled band averaged around $675 a ton last fall. The price has risen to around $975 a ton, said United Steelworkers ...
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