Date: April 3rd, 2025 11:28 PM
Author: Spectacular indian lodge
Cleveland-Cliffs trims workforce as tariffs hit demand
The company is one of several North American steel manufacturers struggling to deal with the impacts of the Trump administration’s trade policy.
Published April 3, 2025
Kate Magill
Manufacturing Lead Editor
Cleveland-Cliffs is laying off workers in Michigan and Minnesota as the steelmaker attempts to mitigate the knock-on effects of the Trump administration’s tariffs on steel and auto imports.
The company plans to idle some operations at its Dearborn, Michigan, plant due to falling automotive demand, leading to 600 job cuts, according to an emailed company statement. Cleveland-Cliffs will also idle operations at two iron ore mines in Minnesota, resulting in 630 layoffs.
“These actions will allow the company to operate more efficiently and in a more cost competitive way for the current market environment,” the company said in its statement. “We believe that, once President Trump’s policies take full effect and automotive production is re-shored, we should be able to resume steel production at Dearborn Works.”
https://www.supplychaindive.com/news/cleveland-cliffs-layoffs-canada-metal-nucor-steel-tariffs-trump/743864/
(http://www.autoadmit.com/thread.php?thread_id=5704855&forum_id=2Elisa#48813328)