Waves of layoffs and plant-idling in the past two months by steelmaker Cleveland-Cliffs have demonstrated that, despite ...

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 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 ...

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

Q1 2025 Earnings Conference Call May 8, 2025 8:30 AM ETCompany ParticipantsLourenco Goncalves - Chairman, President ...

Nucor and Steel Dynamics are differentiated steel makers in the U.S. market. Resilient businesses have allowed both Nucor and ...

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 ...

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

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 ...