Steelmaker Cleveland-Cliffs announced this week it will idle one of its production factories and lay off about 600 workers, citing soft demand for steel used in auto manufacturing. Cleveland ...

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, ...

Cleveland-Cliffs (NYSE:CLF) +2% in Tuesday's trading after saying it will temporarily idle some operations at its Dearborn, Michigan, steel plant, laying off ~600 employees, citing weak demand in ...