News

Cleveland-Cliffs is again postponing a blast furnace reline, one of the biggest capital investments an integrated steelmaker typically makes, at its Burns Harbor Works steel mill. The Cleveland ...
Cleveland Cliffs announced it plans to put off relining its blast furnace at its Burns Harbor facility until 2027. Blast ...
It says the idlings will result in $300 million a year in savings without impacting flat-rolled steel output. It says the ...
The steelmaker lost more than $480 million in the first three months of 2025 and is responding by cutting back capacity .
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.
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 ...
Nobody likes to change their mind, but great leaders know that fluid situations require observing evidence on the ground to ...
Blast furnaces tend to be very large and expensive ... When the steel market is strong, U.S. Steel and Cleveland Cliffs can make a lot of money. But when steel prices are weak, they can also ...
Cleveland Cliffs announced it plans to put off relining its blast furnace at its Burns Harbor facility until 2027. Blast furnaces use coking coal to convert iron ore into molten metal. The process ...
A blast furnace at Cleveland Cliffs' Burns Harbor steel plant was originally set to be relined in 2025, but now it's been delayed until 2027. This gives green steel advocates hope the company will ...