News

The Tilden Mine on the Marquette Range was not affected, but the closures include steelmaking facilities like the company’s ...
Cleveland-Cliffs will lay off 559 workers as it idles two Pennsylvania plants, citing weak demand, losses, and plans to ...
The moves means nearly 1,000 people will lose their jobs. Executives say they’ve been asked about selling assets that could ...
The steelmaker lost more than $480 million in the first three months of 2025 and is responding by cutting back capacity .
The global mining steel industry is projected to grow at 4.63% CAGR, driven by construction, automotive, and infrastructure demands. The shift toward sustainable practices like EAF and DRI ...
WEIRTON, W.Va. — As details continue to emerge surrounding Cleveland-Cliffs' decision to discontinue plans with the ...
Cleveland-Cliffs Chairman, President and CEO Lourenco Goncalves said the steelmaker's $483 million loss in the first quarter ...
Cleveland Cliffs reported surprisingly weak first-quarter numbers, and announced it was idling some plants to reduce losses.
A Steelton rail facility is among six Cleveland-Cliffs plants that will be partially or fully idled in a cost-cutting move.
Cleveland-Cliffs announced more lay offs this week and reported a $483 million loss for the first quarter of 2025.
Q1 2025 Management View CEO Lourenco Goncalves addressed the company's Q1 2025 performance, describing the results as "unacceptable" due to underperforming non-core assets and the lingering impact of ...
ON MAY 8 reported first-quarter 2025 a GAAP net loss of $483 million, or $1.00 per diluted share, with an adjusted net loss of $456 million, ...