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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 ...
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 ...
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 ...
President Donald Trump's plan to cut a program that invests in some of the biggest manufacturing industries in the United States could have a major impact in the hometown of his vice president. Last ...