Steelmaker Cleveland-Cliffs will lay off about 600 workers at its Dearborn Works in Michigan and pause some operations due to weak demand for automotive steel.

The company will idle the Michigan basic oxygen furnace steel shop and continuous casting facilities. Cleveland-Cliffs’ Michigan shutdown comes after similar moves in Minnesota, where another ...

Citing what it calls the "current reality of weak automotive production in the United States," steelmaker Cleveland-Cliffs Inc. plans a temporary idling of some operations at its Dearborn, Michigan, ...

Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer. The Motley Fool reaches millions of people every month through our premium ...

The full agenda has now been released for the 2025 Great Designs in Steel symposium, hosted by the American Iron and Steel ...

Cleveland-Cliffs' expansion and debt burden exacerbate its vulnerability in a market shifting away from virgin steel ...

President Donald Trump's plan to cut a program that invests in some of the biggest manufacturing industries in the United States could have a major impact in the hometown of his vice president. Last ...

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

Cleveland-Cliffs completed several major projects in Northwest Indiana last year, according to the company's newly released ...

The company will idle the Michigan basic oxygen furnace steel shop and continuous casting facilities. Cleveland-Cliffs’ Michigan shutdown comes after similar moves in Minnesota, where another nearly ...

Cleveland-Cliffs had already felt the negative effect ... off 600 employees and idling one of its steel plants in Dearborn, Michigan, this summer. That announcement came on the heels of an earlier ...