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 .

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

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

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

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 ...

The steelmaker will idle three plants, saying it's being buffeted by sluggish demand and pricing for some products, including ...

Cleveland Cliffs did say, however, that it plans to resume operation at its blast furnace in Cleveland, which was idled last year. 24/7 coverage of breaking news and live events ...