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Cleveland-Cliffs manages and operates four iron ore mines in Minnesota and two mines in Michigan, one of which, the Empire Mine, has been indefinitely idled. [3] These mines produce various grades of iron ore pellets, including standard and fluxed, for use in blast furnaces as part of the steelmaking process as well as Direct Reduced (DR) grade pellets for use in direct reduced iron (DRI ...
Cleveland-Cliffs CEO Lourenco Goncalves said Monday he had a plan to buy U.S. Steel as he launched a tirade against Japan, calling the close U.S. ally “evil” during a news conference.
Nevertheless, shares of Cleveland-Cliffs, Nucor, Steel Dynamics, U.S. Steel and Alcoa all rallied. ... mining, and utilities which influences employment and economic growth. Corporate news ...
Lourenco Goncalves, CEO of Cleveland-Cliffs, called Japan, the home of rival steelmaker Nippon Steel, ”evil” in a press conference on Monday, as the U.S. company prepares a new bid for U.S. Steel.
U.S. Senator Joe Manchin declared the ITC turned "a blind eye to nearly 1,000 hard-working employees," and that "Cleveland-Cliffs’ closure is an absolute injustice not only to American workers, but to the very principle of fair competition, and it will undoubtedly weaken our economic and national security." [2]
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