Asset Report
Cleveland steel plant
Report summary
Cleveland-Cliffs' Cleveland, Ohio plant produces a range of flat products, including hot rolled coil, cold rolled coil and galvanised sheets. On 28 September 2020 Cleveland-Cliffs and ArcelorMittal USA entered into a definitive agreement whereby the former acquired almost all of ArcelorMittal’s operations in the US for approximately US$1.4 billion. Cleveland was included in the transaction. In early April 2020, still under ArcelorMittal's onwership, Cleveland closed its blast furnace #6 as a result of weak demand from automotive plants following the coronavirus crisis. The Cleveland plant is an all-pellet burden operation. We have assumed that the entire burden is comprised of acid pellets sourced from Cleveland-Cliffs' Northshore pellet plant in Minnesota.
Table of contents
- Summary
-
Key issues
- Participation
- Steel plant overview
- Iron ore
- Coal
- Coke
- Metallics
- Energy
- Capital costs
- Operating cash costs
Tables and charts
This report includes 11 images and tables including:
- Detailed map
- Downstream products
- Finished steel production
- Production (Mt)
- Capital costs
- Total operating cash costs - Finished steel
- Operating cash cost table
- Economic assumptions
- Key raw materials rates
What's included
This report contains:
Other reports you may be interested in
Asset Report
Granite City steel plant
Granite City is a steel mill owned by US Steel that had one of its two blast furnaces idled in 2020 due to weak market conditions.
$2,250
Asset Report
Dee (Closed) gold mine
A detailed analysis of the Dee (Closed) gold mine.
$2,250
Commodity Market Report
Global steel markets short-term outlook April 2024
Chinese demand remains under pressure but steady growth expected for India and mature markets in 2024
$5,000
