Cleveland-Cliffs announces a $1 billion Middletown Works investment
The DOE provides $500 million for facility upgrades that boost efficiency and preserve automotive steel production through 2030.
See the latest news and media coverage for Cleveland-Cliffs. We track all announcements, press releases, and industry mentions in real time, all in one place.
Flat-rolled steel producer and iron ore pellet supplier
clevelandcliffs.comLast updated
In short: Cleveland-Cliffs announced a $1 billion modernization of its Middletown facility and promoted Celso Goncalves to President.
The DOE provides $500 million for facility upgrades that boost efficiency and preserve automotive steel production through 2030.
He retains CFO role while Lourenco Goncalves remains Chairman and CEO. The promotion signals a leadership transition, effective immediately.
Results release before market open, followed by a conference call at 8:30 am ET. The live broadcast and replay will be available on the company website.
The three-year agreement embeds Palantir's AI into production planning, order entry, and operational workflows across Cliffs' steelmaking facilities, aiming to improve productivity and competitiveness.
United Steelworkers negotiators say the union has made significant progress this week in labor contract talks with iron ore ...
Cleveland-Cliffs Inc. recently confirmed a US$1.00 billion modernization program for its Middletown...
A new competitor is entering the U.S. electrical steel market at a critical time for grid...
Environmental groups are challenging IDEM for neglecting air pollution issues from Cleveland-Cliffs...
Track Cleveland-Cliffs and your other target companies to get real-time alerts and weekly summaries delivered straight to your inbox.
Browse news for competitors to Cleveland-Cliffs and other trending companies.