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Cliffs announced plans in early 2016 to close the Empire Mine near Marquette, Michigan, terminating the jobs of approximately 400 workers. [41] The company announced on August 15, 2017, that it was returning to its former brand name, Cleveland-Cliffs Inc. [ 42 ] In August 2018, the company sold its Asia Pacific iron ore assets. [ 43 ]
Cleveland Cliffs has since made another purchase and appears to be out of the running for US Steel. But some analysts think it would be quick to snatch up valuable assets, at the right price, if ...
Shares of steel producer Cleveland-Cliffs (NYSE: CLF) were moving higher today as steel stocks jumped broadly after President Trump said on Sunday that he would impose 25% tariffs on all steel and ...
The company, whose name was derived from the initials of Armco, its predecessor company, and Kawasaki Steel Corporation, was acquired by Cleveland-Cliffs in 2020. AK Steel operated eight steel plants and two tube manufacturing plants in Ashland, Kentucky ; Butler, Pennsylvania ; Coshocton, Ohio ; Dearborn, Michigan ; Mansfield, Ohio ...
The Cleveland-Cliffs offer may not be a fallback, either. In July, Cleveland-Cliffs announced plans to buy Canadian steelmaker Stelco for $2.8 billion — with the union’s blessing.
Middletown is a city in Butler and Warren counties in the U.S. state of Ohio.The population was 50,987 at the 2020 census.It is part of the Cincinnati metropolitan area in southwest Ohio, 29 miles (47 km) northeast of Cincinnati and 20 miles (32 km) southwest of Dayton.