Asset Report
Middletown 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' Middletown plant produces hot rolled coil, cold rolled coil, hot-dipped galvanised (HDG) and electro-galvanised (EG) steel products. Middletown is one of the highest-end producers of steel in the US capable of producing interstitial-free slabs for enamelling and ultra-low carbon slabs. The facility has one blast furnace, "3", which holds a hot metal output rate of 2.1 Mtpa. Middletown Works had been selected by Cleveland-Cliffs for a transition from the traditional BF-BOF route to a hydrogen-ready DRI and EAF configuration. The project aimed to lower emissions and position the plant for low-carbon steel production. However, the company later cancelled the plan as the economics deteriorated. High capital costs and the lack of viable hydrogen supply undermined the business case. The existing integrated route therefore remains the most practical option in the near term.
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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