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The company said it is idling the facility due to weak demand and insufficient pricing for the products produced at the ...
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 said in a recent earnings report that between March and May it had made the decision to fully or partially ...
Cleveland-Cliffs is temporarily cutting hundreds of jobs after reporting a significant loss in the first quarter of 2025, and ...
The U.S. steelmaker is temporarily closing mining and steelmaking operations south of the border, putting 2,000 people out of ...
Ohio-based steelmaker reportedly will idle an EAF melt shop in Pennsylvania and a basic oxygen furnace complex in Illinois.
Now, however, that optimism has taken a major blow. Last week, Cleveland-Cliffs announced it’s abandoning the plans in ...
Cleveland-Cliffs Inc., is making major facility reductions. The Cleveland-based steel and iron ore producer is fully or partially idling six facilities as it looks to step away from loss-making ...
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 ...
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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