The steelmaker lost more than $480 million in the first three months of 2025 and is responding by cutting back capacity .

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

It says the idlings will result in $300 million a year in savings without impacting flat-rolled steel output. It says the ...

Cleveland-Cliffs reported a larger than expected Q1 adjusted loss and an 11% Y/Y decline in revenues to $4.63B, and announced ...

Steelmaker Cleveland-Cliffs Inc. (NYSE: CLF) says it will indefinitely idle three steel plants — two in Pennsylvania and one ...

Cleveland-Cliffs announced in a Worker Adjustment and Retraining Notification (WARN) notice filed with the Pennsylvania ...

The union and local management were caught off-guard by the forthcoming idling of the south suburban mill in Riverdale that ...

Cleveland Cliffs in recent weeks had announced that it will idle or partially idle two iron ore mines in Minnesota, affecting 630 workers. It also said in March that it will idle a steel plant in ...

Cleveland-Cliffs Inc. (CLF) reported its first-quarter ... several non-core assets and restarting its Cleveland No. 6 blast furnace to enhance its automotive steel production capabilities.