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Waves of layoffs and plant-idling in the past two months by steelmaker Cleveland-Cliffs have demonstrated that, despite ...
Cleveland-Cliffs announced more lay offs this week and reported a $483 million loss for the first quarter of 2025.
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A Steelton rail facility is among six Cleveland-Cliffs plants that will be partially or fully idled in a cost-cutting move.
The indefinite idling of these facilities is not due to steel tariffs,” a company spokesperson said in a statement.
Cleveland-Cliffs will lay off 559 workers as it idles two Pennsylvania plants, citing weak demand, losses, and plans to ...
Another round of layoffs, closures and furloughs has hit workers and companies tied to the freight industry in the U.S. and Germany.
A Calumet Region steel mill is set to be idled, putting hundreds out of work. Cleveland-Cliffs plans to idle its Riverdale ...
Cleveland-Cliffs is laying off more workers, this time in Illinois and Pennsylvania. The steelmaker is idling its ...
Ohio-based steelmaker reportedly will idle an EAF melt shop in Pennsylvania and a basic oxygen furnace complex in Illinois.
Steelmaker Cleveland-Cliffs Inc. (NYSE: CLF) says it will indefinitely idle three steel plants — two in Pennsylvania and one ...
Nobody likes to change their mind, but great leaders know that fluid situations require observing evidence on the ground to ...
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