Cleveland-Cliffs is idling plants and reducing spending after the steelmaker posted a wider-than-expected quarterly loss.

According to our estimates, revenues are expected to reach $5.2 billion, while the consensus estimates for earnings forecast ...

HARRISBURG, Pa. — 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 recently reported a challenging first quarter, with sales declining from $5,199 million to $4,629 million and a widened net loss of $495 million, compared to $67 million in the ...

but Cleveland-Cliffs actually lost $0.92. Operating revenue was $4.5 billion, not the $4.6 billion Wall Street wanted. Image source: Getty Images. Not all the news was bad. Consolidated revenue ...

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 ...