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

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

Over 500 workers at a Steelton rail facility will be laid off next month as its owners prepare to close the plant.

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

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 ...

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

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.