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A Steelton rail facility is among six Cleveland-Cliffs plants that will be partially or fully idled in a cost-cutting move.
Cleveland-Cliffs (NYSE:CLF) -7.6% pre-market Thursday after reporting a larger than expected Q1 adjusted loss and an 11% Y/Y ...
Cleveland-Cliffs is temporarily cutting hundreds of jobs after reporting a significant loss in the first quarter of 2025, and ...
Chief Executive Lourenco Goncalves said the steelmaker will arrange higher volume commitments with its automotive customers.
Cleveland-Cliffs is idling plants and reducing spending after it posted a wider-than-expected quarterly loss. The steelmaker said the decision would impact six facilities and its investment in a ...
Ohio-based steelmaker reportedly will idle an EAF melt shop in Pennsylvania and a basic oxygen furnace complex in Illinois.
Steelmaker Cleveland-Cliffs Inc. (NYSE: CLF) says it will indefinitely idle three steel plants — two in Pennsylvania ... insufficient demand and pricing for the products the affected facilities ...
STEELTON, Pa. (WHTM) – The Cleveland-Cliffs Inc. plant in Steelton will be closing, according to LaRue Hess, president of Steelworkers Union Local 1688. A company spokesperson confirmed plans to ...
Cleveland-Cliffs (NYSE:CLF) said it is fully or partially idling six facilities between March and May, which it expects to drive more than $300M in annual savings, not including additional savings ...
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