Steel Mills
Cliffs Running No. 5 BF in Cleveland Again After Full Reline
Written by Michael Cowden
August 25, 2022
Cleveland-Cliffs Inc. is again operating the No. 5 blast furnace at its steel mill in Cleveland following an extended outage earlier in the year, a company spokeswoman confirmed to SMU.
The move is not unexpected. The Cleveland-based steelmaker said in July that it would have the furnace running at full capacity in August following a full reline.
SMU has updated its blast furnace status table to reflect the news.
Cliffs has two furnaces at its Cleveland Works, No. 5 and No. 6. The No. 5 is the larger of the two.
By Michael Cowden, Michael@SteelMarketUpdate.com
Michael Cowden
Read more from Michael CowdenLatest in Steel Mills
Nippon’s Mori meets with Pa. Gov. Shapiro: Report
Nori, a top Nippon Steel official, met on Tuesday with Pennsylvania's governor, to discuss its proposed acquisition of U.S. Steel.
Nippon won’t import slabs to US if U.S. Steel deal goes through
Nippon Steel has affirmed that if its $14.9-billion bid for U.S. Steel proves successful, the Japanese steelmaker will not import overseas-produced slabs to the US.
AISI: Raw steel production falls to 5-week low
Domestic raw steel mill production slipped to a five-week low last week, according to the latest figures released by the American Iron and Steel Institute (AISI). Weekly production is now at the third-lowest level recorded this year.
Nucor maintains HR price at $750/ton
Nucor’s weekly consumer spot price (CSP) for hot-rolled (HR) coil was unchanged week on week (w/w) at $750 per short ton (st) on Monday, Nov. 18.
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.