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Waves of layoffs and plant-idling in the past two months by steelmaker Cleveland-Cliffs have demonstrated that, despite ...
Cleveland-Cliffs announced more lay offs this week and reported a $483 million loss for the first quarter of 2025.
Meanwhile, Cliffs, which has been an active buyer in recent years — ArcelorMittal USA, AK Steel and Stelco are among its ...
10don MSN
A Steelton rail facility is among six Cleveland-Cliffs plants that will be partially or fully idled in a cost-cutting move.
Cleveland-Cliffs Chairman, President and CEO Lourenco Goncalves said the steelmaker's $483 million loss in the first quarter was disappointing, but he remains confident the company can turn it ...
Steelmaker Cleveland-Cliffs Inc. (NYSE: CLF) says it will indefinitely idle three steel plants — two in Pennsylvania and one ...
Cleveland-Cliffs is idling plants and reducing spending after it posted a wider-than-expected quarterly loss. The steelmaker ...
It says the idlings will result in $300 million a year in savings without impacting flat-rolled steel output. It says the ...
Days after Cleveland-Cliffs announced it was halting its investment in a planned transformer manufacturing facility in ...
Q1 Earnings: Cleveland-Cliffs reported first-quarter revenue of $4.63 billion, missing analyst estimates of $4.64 billion, ...
Cleveland-Cliffs is laying off more workers, this time in Illinois and Pennsylvania. The steelmaker is idling its ...
Cleveland Cliffs announced it plans to put off relining its blast furnace at its Burns Harbor facility until 2027.
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