Asset Report

Burns Harbor steel plant

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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 11 images and tables including:

  • Detailed map
  • Participation
  • Steel plant overview
  • Key raw materials rates
  • Downstream products
  • Finished steel production
  • Production table (Mt)
  • Capital costs
  • Total operating cash costs - Finished steel
  • Operating cash cost table
  • Economic assumptions

What's included

This report contains:

  • Document

    Burns Harbor.xls

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    Burns Harbor steel plant

    PDF 1.24 MB

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    Burns Harbor steel plant

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