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Steel manufacturing giant Cleveland-Cliffs has announced it will idle multiple steel plants and iron ore mines, affecting ...
Cost containment continues at Cleveland-Cliffs Inc. (NYSE: CLF), which announced it will no longer pursue development of a transformer plant in Weirton, West Virginia. Cliffs said late Wednesday, May ...
The moves mean nearly 1,000 people will lose their jobs. Executives say they’ve been asked about selling assets that could ...
5don MSN
A Steelton rail facility is among six Cleveland-Cliffs plants that will be partially or fully idled in a cost-cutting move.
Cleveland Cliffs announced it is indefinitely delaying plans for an electrical transformer production plant in Weirton, West ...
As the news of Cleveland-Cliffs' plans to cancel the transformer plant in Weirton made its way across the country, including to the nation’s capital, elected officials from West Virginia are ...
In an earnings call today, company officials elaborated on their reasoning, saying abandonment of the project would result in ...
It says the idlings will result in $300 million a year in savings without impacting flat-rolled steel output. It says the ...
West Virginia, that was expected to start production in 2026 and create 600 jobs. The plant had been idled temporarily in February 2024. Cleveland-Cliffs also announced other operational changes ...
The future of the proposed transformer manufacturing facility in Weirton is facing uncertainty after union leaders learned that the project is facing major ...
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