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The steelmaker lost more than $480 million in the first three months of 2025 and is responding by cutting back capacity .
Cleveland-Cliffs (NYSE:CLF) -7.6% pre-market Thursday after reporting a larger than expected Q1 adjusted loss and an 11% Y/Y ...
It says the idlings will result in $300 million a year in savings without impacting flat-rolled steel output. It says the ...
4don MSN
Over 500 workers at a Steelton rail facility will be laid off next month as its owners prepare to close the plant.
Steelmaker Cleveland-Cliffs Inc. (NYSE: CLF) says it will indefinitely idle three steel plants — two in Pennsylvania and one ...
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 ...
The union and local management were caught off-guard by the forthcoming idling of the south suburban mill in Riverdale that ...
Q1 2025 Earnings Conference Call May 8, 2025 8:30 AM ETCompany ParticipantsLourenco Goncalves - Chairman, President ...
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.
which will offset the upcoming idle of the Dearborn blast furnace. Cleveland-Cliffs (NYSE:CLF) said its Q1 loss widened to $495M, or $1.00/share, from a loss of $67M, or $0.14/share, in the year ...
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