Meanwhile, Cliffs, which has been an active buyer in recent years — ArcelorMittal USA, AK Steel and Stelco are among its biggest deals — as it transformed boldly from an iron-ore miner to a steelmaker ...

Waves of layoffs and plant-idling in the past two months by steelmaker Cleveland-Cliffs have demonstrated that, despite ...

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

Cleveland-Cliffs stock has underperformed, but I remain optimistic about a recovery driven by automotive resurgence, asset optimization, and the expiration of a detrimental slab contract.

CLEVELAND, Ohio – Cleveland-Cliffs is temporarily cutting hundreds of jobs after reporting a significant loss in the first quarter of 2025, and plans to close underperforming plants in multiple ...

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

Nobody likes to change their mind, but great leaders know that fluid situations require observing evidence on the ground to ...

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

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

A Calumet Region steel mill is set to be idled, putting hundreds out of work. Cleveland-Cliffs plans to idle its Riverdale ...

The Weirton project was rolled out with considerable fanfare in July 2024. Cliffs’ plan was to repurpose its closed Weirton ...

Cleveland-Cliffs is laying off more workers, this time in Illinois and Pennsylvania. The steelmaker is idling its Conshohocken and Steelton mills in Pennsylvania, as well as its Riverdale mill in ...