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LISTEN: Cleveland-Cliffs Laying Off Hundreds Amid 'Weak' Auto Market

Eric Sorensen

In a move that says just as much about the state of the steel industry as the automotive industry, Cleveland-Cliffs has confirmed that it will lay off 600 workers from its Dearborn Works facility in Michigan.

Cleveland-Cliffs is the 4th largest steel maker in the United States, and shipped out record volumes to automotive in 2023.