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

Despite trade chaos, Barry Schneider upbeat on SDI, steel
With 30 years of experience at Steel Dynamics, Barry Schneider reflects on the company and the state of the steel industry.

Algoma Steel seeks CAD$500M in operational support
Algoma Steel applied to Canada’s federal Large Enterprise Tariff Loan (LETL) program for $500 million to support its long-term operations.

SDI concerned with potential Brazil pig iron tariffs
Steel Dynamics Inc. (SDI) executives called a 50% tariff on Brazilian pig iron “concerning,” but think tariffs will be a “mainstay” of trade agreements going forward.

SDI earnings slip in Q2 as trade volatility hits customer orders
SDI profits slipped in second quarter amid trade policy volatility.

Cliffs puts ‘for sale’ signs up after another big quarterly loss
Cleveland-Cliffs lost more than $400 million for the third consecutive quarter but predicted results would improve in the second half of the year. And shares of the Cleveland-based steelmaker surged after company executives said during its Q2 earnings call on Monday that they could make billions by courting foreign investors or selling assets.