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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.
Cleveland-Cliffs' CEO reveals how unexpected tariffs on Canadian goods caught the steelmaker off guard. Cleveland-Cliffs ...
Cleveland-Cliffs announced more lay offs this week and reported a $483 million loss for the first quarter of 2025.
A Steelton rail facility is among six Cleveland-Cliffs plants that will be partially or fully idled in a cost-cutting move.
WEIRTON, W.Va. — As details continue to emerge surrounding Cleveland-Cliffs' decision to discontinue plans with the ...
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 ...
Q1 2025 Earnings Conference Call May 8, 2025 8:30 AM ETCompany ParticipantsLourenco Goncalves - Chairman, President ...
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, ...
Cleveland-Cliffs, the second-largest U.S. steelmaker, will idle two plants in Pennsylvania and one in Illinois this summer due to weak demand and low prices. The “temporary, indefinite” closures at ...
Electrical steel with 6.5% silicon has the most improved electrical and magnetic properties. The inclusion of silicon in steel increases resistivity, decreases hysteresis loss, and enhances ...