Steel Mills

Cliffs Begins Demolition of Ashland Works
Written by David Schollaert
February 8, 2022
Cleveland-Cliffs’ Ashland Works, once the lifeblood of four-generations of residents in the Kentucky community, is now a pile of rubble.
The steel mill had operated for the better part of 100 years on the Ohio River. Its Amanda blast furnace was decomissioned in 2015. And the entire mill was permanently closed in 2019, shortly before Cleveland-Cliffs acquired AK Steel.
Despite initial discussions and speculation about restarting the mill to produce pig iron, ultimately the decision was made by CEO Lourenco Goncalves to raze the facility.
Though it remains unclear what the future holds for the site, the demolition is a cash positive project for the Cleveland-based steelmaker.
Cliffs did not respond to a request for comment for this article.
By David Schollaert, David@SteelMarketUpdate.com

David Schollaert
Read more from David SchollaertLatest in Steel Mills

Nucor moves to stop HRC price slide with $10/ton hike
Nucor is attempting to halt the decline in hot-rolled coil prices with the announcement of a $10-per-short-ton increase in its weekly consumer spot price on Monday.

Explosion rocks ArcelorMittal’s DR plant in Mexico
ArcelorMittal reported a "strong" explosion at the direct reduction part of its massive Lazaro Cardenas mill in Mexico.

SDI to acquire remaining stake in New Process Steel
Steel Dynamics Inc. (SDI) announced that it has agreed to acquire the remaining 55% equity interest in New Process Steel.

North Star results improve despite buyer caution as tariffs drive prices higher
North Star BlueScope said it is optimistic that US tariffs will bolster selling prices and tighten the spread the Australia-based steel maker suffered in 2025.

AISI: Domestic steel production edges down
US raw steel production declined last week, according to the latest data released by the American Iron and Steel Institute (AISI).