Cleveland-Cliffs reported a larger than expected Q1 adjusted loss and an 11% Y/Y decline in revenues to $4.63B, and announced ...

The indefinite idling of these facilities is not due to steel tariffs,” a company spokesperson said in a statement.

The steelmaker will idle three plants, saying it's being buffeted by sluggish demand and pricing for some products, including ...

The steelmaker lost more than $480 million in the first three months of 2025 and is responding by cutting back capacity .

It says the idlings will result in $300 million a year in savings without impacting flat-rolled steel output. It says the ...

Steelmaker Cleveland-Cliffs Inc. (NYSE: CLF) says it will indefinitely idle three steel plants — two in Pennsylvania and one ...

Q1 Earnings: Cleveland-Cliffs reported first-quarter revenue of $4.63 billion, missing analyst estimates of $4.64 billion, ...

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About 950 workers will be out of work during the shutdowns, Cleveland Cliffs said.It said its flat-rolled steel production levels will not be affected. Cleveland Cliffs in recent weeks had ...