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Chief Executive Lourenco Goncalves said the steelmaker will make a higher volume commitment with its automotive customers.
Cleveland-Cliffs reported a larger than expected Q1 adjusted loss and an 11% Y/Y decline in revenues to $4.63B, and announced ...
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 ...
Q1 Earnings: Cleveland-Cliffs reported first-quarter revenue of $4.63 billion, missing analyst estimates of $4.64 billion, ...
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) — Places like Naples Pizza get a lot of business from employees at the Cleveland-Cliffs plant. Local restaurants are worried about losing customers once the facility idles ...
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 ...
Cleveland-Cliffs says the steel plants being idled fall outside of its core business focus. Photo courtesy of Cleveland-Cliffs Inc. Cleveland-based mining and steelmaking company Cleveland-Cliffs Inc.
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 ...