Cleveland-Cliffs to Invest $1B in Middletown Blast Furnace

Cleveland-Cliffs to invest $1B in Middletown blast furnace

The move walks back a previous plan to replace the facility’s coal-blasting infrastructure with low-emissions technology funded by federal tax dollars, environmental groups said.

Cleveland-Cliffs commits $1bn to Middletown Works

Cleveland-Cliffs will invest in a US$1 billion modernisation of its Middletown Works steel plant in Ohio, combining US$500 million of company capital with US$500 million in support from the US Department of Energy. The four-year programme retains the site’s established blast-furnace steelmaking route and concentrates investment on ironmaking, materials handling, process control, and energy recovery. Work is planned while the wider steelworks rem…

Cleveland-Cliffs Invests $1B in Steelmaking Modernization

Cleveland-Cliffs is investing $1 billion to modernize its Middletown Works steelmaking facility in Ohio, including upgrades and a planned rebuild of the site’s blast furnace as part of a broader project focused on production efficiency and emissions reduction. The investment will be funded equally by Cleveland-Cliffs and a $500 million grant from the U.S. Department of Energy (DOE). The project is expected to extend the operating life of Middlet…