Cliffs has announced plans to temporarily stop operations at two of its mines in Minnesota. As a result, about 630 workers will be temporarily laid off, the company said. The Cleveland-based steel manufacturer last week alerted Minnesota officials of its plan to idle the Minorca Mine in Virginia,

A number of North American steel manufacturers are struggling to deal with the impacts of the Trump administration’s trade policy.

Cleveland-Cliffs Inc. plans the temporary layoffs of more than 600 people at two Minnesota operations, a move the company said results from a need to "consume the excess (iron ore) pellet inventory produced in 2024" as a result of "decreased domestic steel demand" that year.