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 ...

A Steelton rail facility is among six Cleveland-Cliffs plants that will be partially or fully idled in a cost-cutting move.

A little less than a year ago, Delegate Pat McGeehan was at the center of exploring possibilities to reverse the idling of the Cleveland-Cliffs tin plant ... the State of West Virginia.

The moves mean nearly 1,000 people will lose their jobs. Executives say they’ve been asked about selling assets that could ...

It says the idlings will result in $300 million a year in savings without impacting flat-rolled steel output. It says the ...

A portion of that investment – $50 million – was to be provided through an incentive package from the State of West Virginia ... the plant’s future but not Cleveland-Cliffs’ continued ...

In an earnings call today, company officials elaborated on their reasoning, saying abandonment of the project would result in ...

The future of the proposed transformer manufacturing facility in Weirton is facing uncertainty after union leaders learned that the project is facing major ...

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 ...

Cleveland-Cliffs reported a larger than expected Q1 adjusted loss and an 11% Y/Y decline in revenues to $4.63B, and announced ...

Earlier this week, union leaders with United Steelworkers say they met with company officials with Cleveland-based Cleveland-Cliffs to talk ... from the state of West Virginia through a forgivable ...