Asset Report
Burns Harbor steel plant
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Cleveland-Cliffs' Burns Harbor plant is a major supplier of flat rolled steel to US' automotive sector. The facility produces a mix of hot rolled coil, cold rolled coil, galvanised sheet and plate products. Burns Harbor has two blast furnaces (BFs), "C" and "D", though just "D" is currently operational. 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. Burns Harbor was included in the transaction. In March 2020, Burns Harbor's previous owner ArcelorMittal announced the idling of BF "C" following the coronavirus crisis. At the time of writing, although no official news emerged, according to the Association for Iron & Steel (AIST) BF "C" produced 1.8 Mt of hot metal in 2021.
Table of contents
- Summary
- Key issues
- Iron ore
- Coal
- Coke
- Metallics
- Energy
- Capital costs
- Operating cash costs
Tables and charts
This report includes the following images and tables:
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Detailed mapParticipationSteel plant overview
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Key raw materials ratesDownstream productsFinished steel productionProduction table (Mt)Capital costsTotal operating cash costs - Finished steelOperating cash cost tableEconomic assumptions
What's included
This report contains:
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