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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 ...
Henry Chisholm (April 22, 1822 – May 9, 1881) was a Scottish American businessman and steel industry executive during the Gilded Age in the United States. A resident of Cleveland, Ohio, he purchased a small, struggling iron foundry which became the Cleveland Rolling Mill, one of the largest steel firms in the nation.
Bulmer's Gazetteer of 1890 records that in 1888 Bolckow, Vaughan owned 6 of the 36 ironstone mines in Cleveland and Whitby; the ironstone in their mine at Eston contained 33.62% Iron. By 1887 the company owned 4 of the 21 ironworks in Cleveland, with 21 of the 91 blast furnaces. [14] Punching and straightening hot fishplates, Cleveland Works, 1920s
AK Steel answered the complaint and filed counterclaims (AK Steel Corp. v. AEIF, Case No. 1:05-CV-531) on November 2, 2005. [38] 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.
Revenue also came up short, and investors knocked the stock lower by 9% as of 11:10 a.m. ET. Cliffs also announced that it closed the acquisition of Canadian steel company Stelco on Nov. 1.
Steel plate engraving of George Worthington c. 1860. George Worthington (September 21, 1813 – November 9, 1871) was a 19th-century merchant and banker in Cleveland, Ohio, who founded the Geo. Worthington Company, a wholesale hardware and industrial distribution firm, in 1829 (until 1991 Cleveland's oldest extant business), as well as numerous banking and mining concerns, and contributed to ...
Cleveland Cliffs made an unsolicited $8.3 billion cash and stock offer for US Steel last year that was supported by the union, but it was rejected by the company. The nation’s automakers ...
Steel is an alloy composed of between 0.2 and 2.0 percent carbon, with the balance being iron. From prehistory through the creation of the blast furnace, iron was produced from iron ore as wrought iron, 99.82–100 percent Fe, and the process of making steel involved adding carbon to iron, usually in a serendipitous manner, in the forge, or via the cementation process.