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Cleveland-Cliffs reported a larger than expected Q1 adjusted loss and an 11% Y/Y decline in revenues to $4.63B, and announced ...
Cleveland-Cliffs announced more lay offs this week and reported a $483 million loss for the first quarter of 2025.
Cleveland Cliffs reported surprisingly weak first-quarter numbers, and announced it was idling some plants to reduce losses.
1don MSN
Over 500 workers at a Steelton rail facility will be laid off next month as its owners prepare to close the plant.
The indefinite idling of these facilities is not due to steel tariffs,” a company spokesperson said in a statement.
The steelmaker lost more than $480 million in the first three months of 2025 and is responding by cutting back capacity .
Q1 2025 Earnings Conference Call May 8, 2025 8:30 AM ETCompany ParticipantsLourenco Goncalves - Chairman, President ...
Cleveland Cliffs in recent weeks had announced that it will idle or partially idle two iron ore mines in Minnesota, affecting 630 workers. It also said in March that it will idle a steel plant in ...
Steelmaker Cleveland-Cliffs Inc. (NYSE: CLF) says it will indefinitely idle three steel plants — two in Pennsylvania and one ...
Legislative leaders are pushing toward the May 19 adjournment deadline and one area of bipartisan agreement looks to be ...
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