Cleveland-Cliffs (CLF) to Idle Tin Plant After ITC Ruling
CLFCliffs(CLF) Zacks Investment Research·2024-02-21 02:46

Cleveland-Cliffs Inc. (CLF) recently announced its decision to indefinitely idle its tinplate production plant located in Weirton, WV, in April 2024. This action follows the unanimous decision by all four members of the International Trade Commission (ITC) to reject the implementation of anti-dumping and countervailing duties on tin mill products, as determined by the Department of Commerce. Approximately 900 employees will be affected by the move. Cleveland-Cliffs is committed to providing relocation oppor ...