Hosted on MSN1mon
Cleveland Cliffs fears competition, not foreign investment
The Mon Valley works needs a lot of investment that Cleveland Cliffs will not do — they have other blast furnaces, casters, and finishing mills that are in much better shape. They closed the ...
Crain's Cleveland Business4d
Trump steel tariffs spell relief but not revival
Should Trump proceed with the new tariffs next month, U.S. steelmakers still face headwinds. Benchmark prices were down 38% ...
Recycling Today11d
Cliffs foresees red ink in late 2024
For the full year of 2024, Cliffs says it shipped 15.6 million tons of steel and totaled revenue of approximately $19.2 billion. Photo courtesy of Cleveland-Cliffs Inc. Cleveland-Cliffs Inc., an iron ...
Washington Times1mon
New rival bid for U.S. Steel emerging as deadline on Nippon’s blocked bid extended
Lourenco Goncalves, the CEO of Ohio-based steelmaker Cleveland Cliffs ... says its ability to invest in U.S. Steel’s aging blast furnace plants in Pennsylvania and Indiana will boost the ...