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Steelmaker Cleveland-Cliffs will indefinitely idle three steel plants this summer, saying Friday that it is being buffeted by sluggish demand and pricing for some products, including ...
Cleveland-Cliffs stock plunged much more than the market today. This is in spite of tariffs supposedly aimed at helping domestic manufacturers, such as steelmakers. As in 2018, tariff uncertainty and ...
Steelton Mayor Ciera Dent released a statement Saturday in response to Cleveland-Cliffs decision to idle several of their ...
Cleveland-Cliffs has faced significant challenges, including a 65% stock drop, reduced demand, and layoffs, but is eyeing a potential turnaround. CLF's operations span iron ore mining, steelmaking ...
Cleveland-Cliffs' expansion and debt burden exacerbate ... Therefore, you use a great deal of iron ore to make steel. OK, seems simple enough. But when you're building Civilisation 2.0, or 3.0 ...
Cleveland-Cliffs said it would feed the new DRI plant with iron ore from its mines and maintain the quality of the steel now produced while swapping in natural gas and potentially later hydrogen.
Cleveland-Cliffs Inc.’s CLF share price has dipped by 5.75%, which has investors questioning if this is right time to buy.
Steelmaker Cleveland-Cliffs will indefinitely idle three steel plants this summer. The company said Friday that it is being buffeted by sluggish demand and pricing for some of their products, like ...
Of note, Cleveland-Cliffs is vertically integrated, with both iron ore mines as well as downstream steel operations. This may seem counterintuitive. After all, 25% tariffs on steel, which had ...
Steelmaker Cleveland-Cliffs will indefinitely idle three steel plants this summer, saying Friday that it is being buffeted by sluggish demand and pricing for some products, including high carbon steel ...