Shares of U.S. steelmaker Cleveland-Cliffs (NYSE: CLF) plunged 16.9% on Thursday, which was significantly worse than the 4.8% plunge experienced by the S&P 500 index. Some might be confused as to why ...

“The decreased domestic steel demand experienced in 2024 has caused Cleveland-Cliffs to accumulate excessive iron ore pellet ...

Cleveland-Cliffs is temporarily laying off 630 workers in Minnesota as it idles two mines that supply iron ore to its steel mills in Northwest Indiana. The Cleveland-based steelmaking and mining ...

ST. PAUL, Minn. (FOX 9) - Hundreds of Iron Range steelworkers are being temporarily laid off due to an excess accumulation of iron ore. A WARN letter filed by Cleveland Cliffs, Inc., this week ...

Pellet load-out bins stand at the back of the Hibbing Taconite Co. manufacturing plant, which Cleveland-Cliffs has idled. (Ariana Lindquist/Bloomberg News) ...

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 ...

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 ...

In this photo taken Feb. 9, 2016, Hibbing Taconite, is seen from the overlook in Hibbing, Minn. Cleveland Cliffs plans to temporarily idle part of the facility, along with the Minorca Mine in ...

Cleveland-Cliffs (CLF) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance ...

Cleveland-Cliffs experienced a 15% decline over one month following its earnings announcement on February 24. The company reported a larger-than-expected loss of $0.68 per share and fell short of ...