The future of the proposed transformer manufacturing facility in Weirton is facing uncertainty after union leaders learned ...

Thomas Fuller / SOPA Images / LightRocket via Getty Images Cleveland-Cliffs is idling plants and reducing spending after it posted a wider-than-expected quarterly loss. The steelmaker said the ...

Cost containment continues at Cleveland-Cliffs Inc. (NYSE: CLF), which announced it will no longer pursue development of a transformer plant in Weirton, West Virginia. Cliffs said late Wednesday, May ...

Shares of Cleveland Cliffs, the second-largest steelmaker in the U.S. by volume, have lost more than a third of their value ...

Executives say they’ve been asked about selling assets that could bring in “several billion dollars.” Cleveland-Cliffs Inc. will lay off nearly 1,000 workers in the coming weeks as it fully idles two ...

Cleveland-Cliffs reported first-quarter earnings on Wednesday after the market closed. The company reported a loss of 92 cents per share, missing the consensus estimate of a 75 cent-loss.

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 ...

Cleveland-Cliffs is idling plants and reducing spending after it posted a wider-than-expected quarterly loss. The steelmaker said the decision would impact six facilities and its investment in a ...

Last year, Cleveland-Cliffs spent $2.5 billion to acquire Stelco, the former U.S. Steel Canada, and has long been trying to buy U.S. Steel, one of the most iconic and storied names in American ...

HARRISBURG, Pa. (AP) — Steelmaker Cleveland-Cliffs will indefinitely idle three steel plants this summer, saying Friday that it is being buffeted by sluggish demand and pricing for some products ...

Cleveland-Cliffs says it’s abandoning plans for a new electrical distribution transformer production plant in Weirton, part of several cost-cutting moves the steelmaker is undergoing up against ...

Cleveland-Cliffs announced it would not be following through with plans to bring an electric transformer site to the half-moon facility in Weirton. S ...