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Cleveland-Cliffs manages and operates four iron ore mines in Minnesota and two mines in Michigan, one of which, the Empire Mine, has been indefinitely idled. [3] These mines produce various grades of iron ore pellets, including standard and fluxed, for use in blast furnaces as part of the steelmaking process as well as Direct Reduced (DR) grade pellets for use in direct reduced iron (DRI ...
On March 1, 2006, AK Steel began a lockout of about 2,700 workers at the Middletown Works plant in Middletown, Ohio. [39] By the next day, the mill was operated by 1,800 salaried and temporary replacement workers. On July 27, 2006, the AEIF affiliated with the International Association of Machinists and Aerospace Workers. [40]
Cleveland-Cliffs announced Monday its Middletown Works steel production complex is in the running to receive up to $500 million in federal funding to build three new plants to reduce carbon emissions.
Cleveland-Cliffs operates every integrated steel mill: in East Chicago, Indiana, Burns Harbor, Indiana, and Cleveland, Ohio. [7] In 2020, Cleveland Cliffs acquired AK Steel Corporation along with its three integrated steel mills, one in Middletown, Ohio, Dearborn, Michigan and the other in Ashland, Kentucky.
The Cleveland-Cliffs offer may not be a fallback, either. In July, Cleveland-Cliffs announced plans to buy Canadian steelmaker Stelco for $2.8 billion — with the union’s blessing. That may ...
Cleveland-Cliffs made a bid for U.S. Steel in 2023, proposing to buy the company for about $7.25 billion. Yet U.S. Steel was worried that a deal with Cleveland-Cliffs, another U.S. company, could ...
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