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Cleveland-Cliffs said it remains committed to blast furnaces like those at the integrated steel mills along Northwest Indiana's lakeshore and is pursuing a carbon capture and sequestration test to ...
Cleveland-Cliffs is challenging the assessed valuation for its operations, prompting Lake and Porter County assessors to mount a defense.
He vowed at the time to instead extend the life of a coal-using “blast furnace” at the plant, adding that Cleveland-Cliffs was renegotiating a retooled grant with the Trump administration.
Cleveland-Cliffs has been actively working to regain its footing, with plans to restart its C6 blast furnace to meet rising automotive steel demand. The company expects improved EBITDA in the second ...
Cleveland-Cliffs has been actively working to regain its footing, with plans to restart its C6 blast furnace to meet rising automotive steel demand.
Cliffs also plans to restart the previously idled C6 blast furnace in the second quarter of 2026 to meet improving automotive steel demand.
The steelmaker announced it was delaying scheduled maintenance at a Burns Harbor blast furnace, which was planned for this year.
The company experienced particularly weak demand from the automotive, construction, and industrial sectors in the second half of 2024, leading to the idling of the C6 blast furnace at Cleveland Works.
Cleveland-Cliffs to idle steelmaking capacity Ohio-based steelmaker reportedly will idle an EAF melt shop in Pennsylvania and a basic oxygen furnace complex in Illinois.
Cleveland-Cliffs said the idling of plants in Steelton and Conshohocken is due to “insufficient demand and pricing” and not President Donald Trump's tariffs.
Cleveland-Cliffs said by mid-July it expects its Cleveland Works C6 blast furnace to be back in full operation after it was idled last year. It added that the Dearborn Works' finish plants ...