In the short term, we need to do everything we can to make sure that we remain cost-competitive... We are taking decisive actions to optimize our operating footprint." ...

Cleveland-Cliffs will lay off 559 workers as it idles two Pennsylvania plants, citing weak demand, losses, and plans to ...

Days after Cleveland-Cliffs announced it was halting its investment in a planned transformer manufacturing facility in ...

The moves means nearly 1,000 people will lose their jobs. Executives say they’ve been asked about selling assets that could ...

A Steelton rail facility is among six Cleveland-Cliffs plants that will be partially or fully idled in a cost-cutting move.

The future of the proposed transformer manufacturing facility in Weirton is facing uncertainty after union leaders learned ...

Cleveland-Cliffs is idling plants and reducing spending after the steelmaker posted a wider-than-expected quarterly loss.

Q1 2025 Earnings Conference Call May 8, 2025 8:30 AM ETCompany ParticipantsLourenco Goncalves - Chairman, President ...

Cleveland Cliffs reported surprisingly weak first-quarter numbers, and announced it was idling some plants to reduce losses.

Cleveland-Cliffs Chairman, President and CEO Lourenco Goncalves said the steelmaker's $483 million loss in the first quarter ...

Cleveland-Cliffs Inc. CLF logged a loss (as reported) of $495 million or $1.00 per share in the first quarter of 2025, wider than a loss of $67 million or 14 cents per share a year ago.

CLEVELAND (AP) — CLEVELAND (AP) — Cleveland-Cliffs Inc. (CLF) on Wednesday reported a loss of $495 million in its first quarter. The Cleveland-based company said it had a loss of $1 per share.