"Cleveland-Cliffs Shuts Down Weirton Tin Mill After Trade Ruling"
Cleveland-Cliffs Inc. will indefinitely idle its tinplate production plant in Weirton, West Virginia in April 2024 due to an unfavorable International Trade Commission (ITC) ruling that rejected the implementation of anti-dumping and countervailing duties on tin mill products. Approximately 900 employees will be impacted, with relocation opportunities and severance packages being offered. The company's CEO expressed disappointment in the ruling, citing an uneven playing field and the impact on American jobs and the food supply chain. Cleveland-Cliffs is maintaining its 2024 sales volume guidance despite this development.
