Cleveland-Cliffs (CLF) navigates steel market challenges with a turnaround strategy focusing on CapEx, debt reduction, and margins. Read more here.

About 630 workers will be affected as the company plans to idle two mines amid ongoing discussions about the consequences of President Donald Trump's 25% tariffs on steel imports.

Cleveland-Cliffs (NYSE:CLF) -1.8% in Friday's trading following news it will temporarily idle two factories in Minnesota, resulting in 630 layoffs, according to the Minnesota Star Tribune.

Cleveland-Cliffs plans to lay off hundreds of workers on Minnesota's Iron Range as it suspends operations at two of its steel-making facilities, amid weaker demand from the auto industry.

Shares of U.S. steelmaker Cleveland-Cliffs (NYSE: CLF) plunged 16.9% on Thursday, which was significantly worse than the 4.8% ...

Cleveland-Cliffs’ Michigan shutdowns occur after those in Minnesota, where another nearly 600 steelworkers will be laid off ...

Cleveland-Cliffs Inc. plans the temporary layoffs of more than 600 people at two Minnesota operations, a move the company said results from a need to "consume the excess (iron ore) pellet inventory ...

Bankruptcy courts are bound by federal statute, not common law, when determining whether documents should be sealed from public view, a federal appeals court ruled in a challenge involving Essar Group ...

Cleveland-Cliffs has confirmed its plans to idle two of its plants on Minnesota's Iron Range, resulting in 630 workers being laid off. The Ohio-based steel manufacturer has informed state ...

Cleveland-Cliffs’ Michigan shutdown comes after similar moves in Minnesota, where another nearly 600 steelworkers will be laid off starting in May. Robert Fischer, executive vice president of ...

Learn more about whether Alcoa Corporation or Cleveland-Cliffs Inc. is a better investment based on AAII's A+ Investor grades ...