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Cleveland Cliffs announced it plans to put off relining its blast furnace at its Burns Harbor facility until 2027. Blast ...
Cleveland Cliffs reported surprisingly weak first-quarter numbers, and announced it was idling some plants to reduce losses.
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 ...
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 .
It says the idlings will result in $300 million a year in savings without impacting flat-rolled steel output. It says the ...
Nobody likes to change their mind, but great leaders know that fluid situations require observing evidence on the ground to ...
Q1 2025 Earnings Conference Call May 8, 2025 8:30 AM ETCompany ParticipantsLourenco Goncalves - Chairman, President ...
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 ...