Steel Mills

Cleveland-Cliffs Donates to Hunger Outreach
Written by Sandy Williams
January 19, 2021
The pandemic, and its economic ramifications, is putting some Americans in dire need of a basic life requirement—food. Cleveland-Cliffs is stepping up to help, making commitments for over $1 million in cash contributions to food distribution organizations in more than 35 communities across North America.
“We sadly recognize that, throughout the United States and Canada, millions of households are experiencing food insecurity amid the economic impact of the coronavirus pandemic,” said Chairman, President and CEO Lourenco Goncalves. “As a direct consequence, local food banks are being challenged to respond to the needs of a growing number of their fellow citizens. As a leader in the North American steel industry and a prominent employer in many of the communities where we operate, we believe that Cleveland-Cliffs has a role to play in supporting these food banks. We are helping our neighbors facing hunger, and we encourage other employers to step up and tackle the issue of hunger by also supporting local food banks.”
The Cleveland-Cliffs Foundation is collaborating with 44 food distribution organizations across the U.S in Ohio, Alabama, Kentucky, Illinois, Indiana, Michigan, Minnesota, North Carolina, Pennsylvania, West Virginia, and the province of Ontario in Canada. Funding from the foundation will be released immediately, helping to provide up to 10 million meals to those in need.

Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills

Government seeks extension in USS-Nippon lawsuit as talks continue
The government said it hopes to reach an agreement with the two companies outside of the courts, according to a filing last week.

Toyota Tsusho America to acquire Radius Recycling for $1.34 billion
The companies said Thursday that Radius shareholders will receive $30 per share in cash upon the deal’s closing, which is expected in the second half of this year.

Algoma resumes steel shipments to US, sees opportunity in tariffs
Algoma Steel has resumed shipments to the US, effective Friday, March 14. And the Canadian steelmaker sees a potential opportunity with the current tariff situation.

Algoma posts narrower Q4 loss, braces for tariff impact as US shipments pause
Algoma Steel's net loss narrowed in the fourth quarter vs. a year earlier amid economic uncertainty and tariff-related issues.

Evraz NA refutes report it falsified tests on plate for US military
Employees at Evraz North America, a subsidiary of Russia's Evraz plc, reportedly falsified quality control test results on armored plate for military vehicles. Evraz NA denies the claims.