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Cleveland Cliffs to idle three steel plants, affecting 950 workers, due to low demand and pricing.
Steelmaker Cleveland Cliffs plans to indefinitely idle three steel plants in Pennsylvania and Illinois this summer due to insufficient demand and pricing for products like high carbon steel sheets.
The idling, starting around June 30, will affect about 950 workers and is unrelated to President Trump's tariffs.
Cleveland Cliffs also plans to resume operation at its blast furnace in Cleveland, which was idled last year.
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Cleveland Cliffs dejará inactivas tres plantas siderúrgicas, afectando a 950 trabajadores, debido a la baja demanda y precios.