News

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Meeting Growing Electricity Demand in the Age of Tariffs, AI, Data Centers and Downturn
Andreas Schierenbeck, CEO, Hitachi Energy talks with T&D World about how utilities and manufacturers can rise to this moment.
Cleveland-Cliffs informs state of hundreds of layoffs as it plans to idle multiple facilities
A Steelton rail facility is among six Cleveland-Cliffs plants that will be partially or fully idled in a cost-cutting move.
Cleveland-Cliffs Stock Tanks. Tariffs Haven’t Stopped Steel-Mill Shutdowns.
Cleveland Cliffs reported surprisingly weak first-quarter numbers, and announced it was idling some plants to reduce losses.
Cleveland-Cliffs’ $483M loss prompts layoffs, plant idling, renewed focus on auto steel
Cleveland-Cliffs announced more lay offs this week and reported a $483 million loss for the first quarter of 2025.
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Officials remain hopeful for new industry despite Cleveland-Cliffs' Weirton withdrawal
WEIRTON, W.Va. — As details continue to emerge surrounding Cleveland-Cliffs' decision to discontinue plans with the ...
‘Devastating blow’: Cleveland-Cliffs transformer production plant in Weirton on ‘indefinite delay’
The future of the proposed transformer manufacturing facility in Weirton is facing uncertainty after union leaders learned ...
Cleveland-Cliffs signals $300M annual savings through operational revamps in 2025
Nick Giles, B. Riley Securities: Asked about the timeline for achieving $300 million in cost savings. Celso Goncalves explained that savings would begin in the second half of 2025, with specific ...