Market Segment
July 22, 2022
Cliffs to Bring Back No. 5 Cleveland BF, Invest in Electrical Steels
Written by Laura Miller
Cleveland-Cliffs Inc. plans to have the No. 5 blast furnace at its Cleveland Works back up and running at full capacity in August, company executives said on a second quarter earnings conference call on Friday, July 22.
Along with a furnace reline, the company took advantage of the downtime to perform other important repairs and maintenance in related areas of the Cleveland Works, including the wastewater treatment plant and the onsite powerhouse, Cliffs CFO Celso Goncalves said on the call.

