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 ...

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

Senate Enrolled Act 120 makes it a class C misdemeanor, punishable by up to 60 days in jail and a $500 fine, to decline to ...

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 ...

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) ...

The DFL senator added that Cliffs cited challenging economic conditions for the automobile industry, the company’s biggest steel customer, as the backdrop for temporary idles and layoffs.

And Cleveland-Cliffs says it plans to lay off about 600 workers at two taconite mines on the Iron Range. Those stories and more in today’s evening update from MPR News. Hosted by Emily Reese.

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 ...