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597 Steelworkers to Lose Jobs as Mines Close

3/21/2025

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Summary

Story summary

Cleveland-Cliffs is set to lay off 597 steelworkers in Minnesota as excess iron ore and dwindling demand take their toll. The Hibbing Taconite Company and Minorca Mine will cease operations, risking permanent job losses by late May. Lawmakers are alarmed, highlighting the devastating economic ripple effects on local industries and the community's livelihoods.

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Story summary

Cleveland-Cliffs is set to lay off 597 steelworkers in Minnesota as excess iron ore and dwindling demand take their toll. The Hibbing Taconite Company and Minorca Mine will cease operations, risking permanent job losses by late May. Lawmakers are alarmed, highlighting the devastating economic ripple effects on local industries and the community's livelihoods.