Steelmaker Cleveland-Cliffs announced this week it will idle one of its production factories and lay off about 600 workers, citing soft demand for steel used in auto manufacturing. Cleveland ...

Cleveland-Cliffs has publicly taken a more positive approach to business impacts from tariffs. Steelmaker Cleveland-Cliffs Inc. will idle some operations at its Dearborn plant this summer, ...

Cliffs said 630 employees will be laid off in 60 days. A state senator said the company has excess pellets, and the auto industry, which uses Cliffs steel, faces "challenging economic conditions ...

Future of steel plant upgrade still unclear Cleveland-Cliffs was selected last year to receive a $575 million grant ‒ $500 million for its Middletown plant and $75 million for a similar projec ...

Cleveland-Cliffs (NYSE:CLF) +2% in Tuesday's trading after saying it will temporarily idle some operations at its Dearborn, Michigan, steel plant, laying off ~600 employees, citing weak demand in ...

Last year, under the Biden administration, it was announced that a $500 million grant was earmarked for Cleveland-Cliffs in Middletown, the boyhood home of Vice President JD Vance, to help the ...

In the latest market close, Cleveland-Cliffs (CLF) reached $7.34, with a +0.82% movement compared to the previous day. The stock lagged the S&P 500's daily gain of 1.81%. At the same time, the Dow ...