Cleveland-Cliffs, the second-largest U.S. steelmaker, will idle two plants in Pennsylvania and one in Illinois this summer due to weak demand and low prices. The “temporary, indefinite” closures at ...

According to ARGUS Media, steel-maker Cleveland-Cliffs is closing three steel-making mills this summer, including the Steelton, Pa., railroad rail mill, because of weakened demand for products ...

Cleveland-Cliffs is laying off more workers ... we should be able to resume steel production at Dearborn Works.” The steelmaker's Q4 2024 revenue was down nearly 16% to $4.3 billion, which ...

Steelmaker Cleveland-Cliffs Inc. (NYSE: CLF) says it will indefinitely idle three steel plants — two in Pennsylvania and one in Illinois — this summer. The idles "are a necessary response to ...

Cleveland-Cliffs (NYSE:CLF) plans to release its earnings on May 7, 2025. According to our estimates, revenues are expected to reach $5.2 billion, while the consensus estimates for earnings ...

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.

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 ...

Steelton Mayor Ciera Dent on Saturday issued a statement regarding the “temporary, indefinite idle” at the Cleveland-Cliffs plant that will result in over 500 layoffs. The statement ...

STEELTON, Pa. (WHTM) — Mayor of Steelton Ciera Dent released a statement in response to more than 500 employees being laid off after Cleveland-Cliffs announced they will be idling their Steelton ...

HARRISBURG, Pa. (AP) — 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 ...

HARRISBURG, Pa. (AP) — 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 ...