Asset Report
Cleveland 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' 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
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Key issues
- Participation
- Steel plant overview
- 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 mapDownstream productsFinished steel production
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Production (Mt)Capital costsTotal operating cash costs - Finished steelOperating cash cost tableEconomic assumptionsKey raw materials rates
What's included
This report contains:
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