Steel Mills
Cleveland-Cliffs to Retire the AK Steel Name
Written by Sandy Williams
March 2, 2021
Cleveland-Cliffs will be retiring the name AK Steel, bringing all acquisitions and properties under the Cleveland-Cliffs name, which will be reported as a single segment, Cleveland-Cliffs Steelmaking.
“Cleveland-Cliffs has undergone significant transformation with the acquisitions of AK Steel and ArcelorMittal USA assets,” said Cleveland-Cliffs spokesperson Patricia Persico. “While we appreciate and respect the legacy AK Steel name, we will be retiring the name and brand over the coming months. All of our subsidiaries will be transitioned under the Cleveland-Cliffs’ name and brand.”
Cleveland-Cliffs is now a fully integrated steel enterprise and owns and operates the following properties:
Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills
Mexican court orders sale of officially bankrupt AHMSA
After failing to reach agreements with its creditors, Altos Hornos de México (AHMSA) has been formally declared bankrupt by a Mexican bankruptcy court.
AISI: Raw steel production edges back up
Domestic raw steel production recovered last week, after slipping the week prior, according to the latest American Iron and Steel Institute (AISI) data. Weekly production remains at some of the lowest levels recorded this year.
Cliffs closes its 2024 HR spot book
Cleveland-Cliffs announced the closing of its December order book for hot-rolled coil spot purchases, though it said contract bookings remain available.
Algoma changing fiscal year end to Dec. 31
Canada’ Algoma Steel has announced a change in its fiscal year end from March 31 to Dec. 31.
ArcelorMittal Q3 earnings down, still recovering from Mexico strike
ArcelorMittal’s earnings saw notable declines from a year earlier as the company said market conditions remain challenging.