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The indefinite idling of these facilities is not due to steel tariffs,” a company spokesperson said in a statement.
A Steelton rail facility is among six Cleveland-Cliffs plants that will be partially or fully idled in a cost-cutting move.
CLEVELAND, Ohio – Cleveland-Cliffs is temporarily cutting hundreds ... Soon after, the company announced the idling of facilities at Dearborn Works in Michigan, where another nearly 600 ...
Cleveland-Cliffs (NYSE:CLF) -7.6% pre-market Thursday ... and continuous casting facilities at Dearborn Works in Michigan; fully idle the Steelton, Pennsylvania rail facility; fully idle the ...
Thomas Fuller / SOPA Images / LightRocket via Getty Images Cleveland-Cliffs is idling plants and reducing spending after it posted a wider-than-expected quarterly loss. The steelmaker said the ...
Cleveland-Cliffs says the steel plants being idled fall outside of its core business focus. Photo courtesy of Cleveland-Cliffs Inc. Cleveland-based mining and steelmaking company Cleveland-Cliffs Inc.
Shares of Cleveland Cliffs, the second-largest steelmaker in the U.S. by volume, have lost more than a third of their value in the past six months. That's despite President Trump’s tariffs on ...
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.
Cleveland-Cliffs Stock Up 5.0 % Shares of NYSE CLF opened at $8.87 on Monday. The firm has a market cap of $4.39 billion, a P/E ratio of -9.14 and a beta of 2.03. The company has a debt-to-equity ...
Cleveland-Cliffs (CLF) came out with a quarterly loss of $0.92 per share versus the Zacks Consensus Estimate of a loss of $0.78. This compares to earnings of $0.18 per share a year ago.
Cleveland-Cliffs reports first-quarter revenue of $4.63 billion, missing analyst estimates of $4.64 billion. The steelmaker reports a first-quarter adjusted loss of 92 cents per share, missing ...