Cleveland-Cliffs Inc CLF

TORONTO, Oct. 01, 2026 (GLOBE NEWSWIRE) -- The United Steelworkers union (USW) welcomes Prime Minister Mark Carney’s commitment to hold Cleveland-Cliffs accountable for its legal obligations to Canadian workers and is calling on the federal government to follow through with action to protect jobs and Canada’s steelmaking capacity. Cleveland-Cliffs has announced the indefinite idling of steelmaker Stelco’s cold-rolled and coated operations in Hamilton, where roughly 350 USW members are expected t

Canadian Prime Minister Mark Carney accused the U.S. owner of Stelco of betraying Canadian workers after it announced layoffs.

Steel stocks found their footing Wednesday after a brutal stretch tied to tariff pressure on Cleveland-Cliffs Canadian operations, but the calm may be fragile as investors weigh whether the rebound reflects genuine stabilization or just a brief pause before more turbulence.

A $15 billion foreign-owned steel mill is rising in Iowa, and the moment its first steel ships in 2030, it will reshape the competitive landscape for two of America's biggest steelmakers in very different ways.

A massive new steel plant might signal a renaissance in American manufacturing. On Monday, Mesabi Metallics, alongside President Donald Trump in the Oval Office, announced plans to build an $18 billion fully integrated steelmaking facility in the U.S. Integration, in this instance, means the new plant makes everything from pig iron to finished steel.

Investing.com -- Cleveland-Cliffs Inc. shares tumbled nearly 8% in late Monday trading following reports that its Canadian subsidiary, Stelco Holdings Inc., plans to halt operations at a key Ontario processing facility. The decline reflects growing market concern over the compounding toll of trade frictions on North American steel supply chains.

Cleveland-Cliffs is falling far harder than Nucor, Steel Dynamics, and the broader steel sector combined, and the reason traces back to a policy question that cuts against the company in two directions at once.

Cleveland-Cliffs is surging well past its steel peers on Tuesday with no confirmed catalyst behind the move, and the gap between its year-to-date performance and Nucor's tells a story about where the next trade could be hiding.

Cleveland-Cliffs (CLF) is in focus after committing US$1b to modernize its Middletown Works facility in Ohio, supported by a US$500m U.S. Department of Energy award that increases attention on operations and sustainability. Recent trading reflects that story. Cleveland-Cliffs’ 30-day share price return of 11.91% and 7-day gain of 3.65% point to building short-term momentum, even though the year-to-date share price is down 8.09% and the 5-year total shareholder return is down 39.02%. Scan how...

Cleveland-Cliffs Inc. recently confirmed a US$1.00 billion modernization program for its Middletown Works steel facility in Ohio, supported by a US$500.00 million award from the U.S. Department of Energy, to be deployed over four years while keeping production online. This rescoping of a prior decarbonization initiative highlights Cleveland-Cliffs’ focus on updating legacy operations and improving the sustainability profile of one of its key U.S. plants. Next, we’ll examine how this US$1.00...

Nucor stock is the worst performer in the S&P 500 for the trading session after the steel manufacturer issues underwhelming guidance.