Cleveland-Cliffs CEO Lourenco Goncalves said this week that the Middletown Works hydrogen conversion won't work.

Shares of Cleveland-Cliffs ( CLF 5.70%) are moving higher this week, up 28.8% from last Friday's close as of 2:00 p.m. ET.

Here are some of the major companies whose stocks moved on the week’s news.

President Trump announced that he plans to double steel and aluminum tariffs from 25% to 50%. Steel stocks rose on the news.

Trump's new steel tariffs benefit US producers like Cleveland-Cliffs, but the impact may be short-lived if tariffs are ...

Cleveland-Cliffs said Tuesday it has officially abandoned its $500M hydrogen-based steel project in Middletown, Ohio, due to ...

Cleveland is proposing the first significant update to its Air Code since 1977, in part, to combat high asthma rates in the ...

Trump announced at a Pennsylvania rally on Friday that he plans to double tariffs on steel imports to 50% from 25%.

President Donald Trump's recent announcement to increase tariffs on imported steel and aluminum from 25% to 50%, effective ...

President Trump said tariffs on imported steel would go to 50% from 25%. That has investors excited early Monday.

Cliffs had planned to remake its Middletown Works by replacing that facility's blast furnace with a hydrogen-ready direct ...