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CLEVELAND (AP) -- LTV Corp. will close its iron mining operation in Hoyt Lakes on northern Minnesota's Iron Range several months earlier than expected...
HOYT LAKES (AP) -- LTV Corp. on Wednesday announced an agreement to sell the assets of its LTV Steel Mining Co. to subsidiaries of Cleveland Cliffs Inc...
CLEVELAND (AP) -- Troubled steel producer LTV Corp. filed for bankruptcy protection Friday but reached a stopgap financing deal that averted an outright shutdown. Blaming unfairly...
HOYT LAKES (AP) -- Health benefits for about 600 laid-off workers of LTV Corp. run out at month's end. Retirees who are covered by LTV Corp. for health care bills not paid by Medicare have until June to find an alternative health...
...Steel will lay off 100 workers at its Cleveland Works integrated steel plant effective Monday, the company said Friday. LTV Corp., owner of the nation's third largest steel producer, filed for Chapter 11 bankruptcy protection from creditors Dec...
...John Yliniemi and his wife, Grace, who live outside Hibbing, were back for a second month. John, 69, retired from LTV Corp. in 1994, but the couple's monthly income hasn't been enough. "We've got to heat the house and buy pills for...
...have spent so much on Christmas presents now."' LTV Steel Mining's problems are a mirror of its parent company, LTV Corp., which has been struggling under huge losses -- more than $360 million this year alone. Its stock price has dropped...
...1,400 direct job losses and many more from the plant's vendors and other businesses tied to the mine's health. LTV Corp., parent of the Hoyt Lakes plant and the country's third-largest steel producer, recently filed for bankruptcy...
...back," he said. Miners also reported to Fallos that managers were shutting down some furnaces Tuesday. With all of LTV Corp. in financial danger, the company last week filed for Chapter 11 bankruptcy in a Youngstown, Ohio, court. The company...
...and chief executive. "This situation is far more dire than the industry has seen in my working career." Last week LTV Corp., the nation's third-largest steelmaker, filed for Chapter 11 protection while blaming unfair imports for driving...