Asset Report
Indiana Harbor West 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' Indiana Harbor West Steelworks produces a mix of hot rolled coil, cold rolled coil and hot-dipped galvanised steel (HDG) products. The plant was formerly owned and operated by LTV Steel. In late March 2020, Indiana Harbor West's previous owner, ArcelorMittal, announced the closure of BF #4 following the coronavirus crisis. A few months later, the company opted to restart the furnace in August due to improved market conditions. 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. Indiana Harbor West was included in the transaction. This facility has two blast furnaces (BFs), #3 and #4. Further, in 2022, the company decided to idle its only operating BF#4.
Table of contents
- Summary
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Key issues
- 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 mapParticipationDownstream products
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Finished steel productionProduction table (Mt)Capital costsTotal operating cash costs - Finished steelOperating cash costsEconomic assumptionsKey raw materials rates
What's included
This report contains:
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