Can a company actively shedding more than a thousand jobs credibly argue that it’s positioned to lead the future of American steel?
That is the fundamental question surrounding Cleveland-Cliffs’ proposed acquisition of U.S. Steel — a move that warrants closer scrutiny by policymakers, industry experts, and the public.
In recent weeks, Cleveland-Cliffs has announced significant layoffs across the Midwest: approximately 600 positions cut in Michigan and another 600 in Minnesota.
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