About 600 mine workers laid off on Iron Range as two mines temporarily close
www.mprnews.org
Cleveland-Cliffs said it is temporarily idling its Minorca mine in Virginia, Minn., as well as part of Hibbing Taconite, two of the six taconite mines on Minnesota’s Iron Range.

Link is Cleveland cliffs closing 2 iron mines. Demand from Canada is a factor.

Nucor, US Steel, and Cleveland Cliffs have all forecasted bigger losses for next quarter despite the extortion pricing that tariffs give them. Narrative is that steel using US manufacturing will not take off as promised.

Canadian policy needs to make sure that damage is maximized.

  • Crashumbc@lemmy.worldEnglish
    5·
    6 hours ago

    From the land of duh… In the entire history of tariffs they have NEVER worked for their intended purpose.