The indefinite idling of these facilities is not due to steel tariffs,” a company spokesperson said in a statement.

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

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

Cleveland-Cliffs (CLF) stock fell 9.4% in extended trading on Wednesday after the company reported a bigger-than-expected ...

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

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

Steelmaker Cleveland-Cliffs will indefinitely idle three steel plants this summer HARRISBURG, Pa. -- Steelmaker Cleveland-Cliffs will indefinitely idle three steel plants this summer, saying ...

Steelmaker Cleveland-Cliffs Inc. (NYSE: CLF) says it will indefinitely idle three steel plants — two in Pennsylvania and one in Illinois — this summer. The idles "are a necessary response to ...

STEELTON, Pa. (WHTM) – The Cleveland-Cliffs Inc. plant in Steelton will be closing, according to LaRue Hess, president of Steelworkers Union Local 1688. A company spokesperson confirmed plans to ...

The Cleveland-based company said it had a loss of $1 per share. Losses, adjusted for non-recurring costs, came to 92 cents per share. The results missed Wall Street expectations. The average estimate ...