Return to Great Lakes & Seaway Shipping Great Lakes & Seaway Shipping Online
Discussion Boards
Please click to visit our sponsor
It is currently May 18, 2021, 3:53 am

FAQ | Instructions | Help
Search for:



Post new topic Reply to topic  [ 14 posts ] 
Author Message
 Post subject: Re: Cliffs Acquisitions
Unread postPosted: March 31, 2021, 8:11 pm 

Joined: December 14, 2017, 8:37 pm
Posts: 698
Here is a link to Cliffs advance expectations on earnings.

https://www.thestreet.com/investing/ste . s-forecast


Report this post
Top
 Profile  
Reply with quote  
 Post subject: Re: Cliffs Acquisitions
Unread postPosted: March 30, 2021, 8:40 pm 
ChannelFever wrote:
A few years back (2003 or so), the Cleveland Mill was the most efficient integrated steel mill in the country


I have heard the same, more recently in 2014-2015 at a presentation given by a representative from the Cleveland Port Authority. As long as that mill can retain it's competitive position, it should be safe for quite some time.


Report this post
Top
  
Reply with quote  
 Post subject: Re: Cliffs Acquisitions
Unread postPosted: March 30, 2021, 8:38 pm 
The main plant finishing mill at Ecorse is operating. Substrate comes from the other USS mills.


Report this post
Top
  
Reply with quote  
 Post subject: Re: Cliffs Acquisitions
Unread postPosted: March 30, 2021, 12:21 pm 
A few years back (2003 or so), the Cleveland Mill was the most efficient integrated steel mill in the country


Report this post
Top
  
Reply with quote  
 Post subject: Re: Cliffs Acquisitions
Unread postPosted: March 30, 2021, 9:30 am 
The blast furnaces and BOFs are shutdown at Ecorse, and have been since March of 2020. US Steel has no intention to operate them again. The acquisition of the Big River Steel mini-mill in Arkansas by US Steel means the hot-end in Ecorse is finished.


Report this post
Top
  
Reply with quote  
 Post subject: Re: Cliffs Acquisitions
Unread postPosted: March 30, 2021, 8:51 am 
Have any upgrades been done to the Cleveland mill in recent years to ensure its continued operation? Unfortunately, I can see a day when no more steel is produced in that city.


Report this post
Top
  
Reply with quote  
 Post subject: Re: Cliffs Acquisitions
Unread postPosted: March 30, 2021, 8:47 am 
isnt ecorse all but shut down and probably never to work again it might have been years ago but look at 2 independent operations mclouth and weirton both are just memories now live in the present not the past


Report this post
Top
  
Reply with quote  
 Post subject: Re: Cliffs Acquisitions
Unread postPosted: March 30, 2021, 7:51 am 
What about Ecorse?


Report this post
Top
  
Reply with quote  
 Post subject: Re: Cliffs Acquisitions
Unread postPosted: March 29, 2021, 9:52 pm 
Yes there are basically just two horses in the race now. Cliffs owns all those that I mentioned, and US Steel owns the Gary works and their Edgar Thomson Works in Pittsburgh that receives the pellets shipped to Conneaut.


Report this post
Top
  
Reply with quote  
 Post subject: Re: Cliffs Acquisitions
Unread postPosted: March 29, 2021, 8:10 pm 
Guest wrote:
Cliffs owns the steel mill in Cleveland, too. The steel mill in Lorain isn't in operation, as far as I know. The blast furnaces haven't operated since 2008. I recall there was talk of an EAF being built at that mill, but I haven't heard anything about it in a very long time.

I created Google Maps for all the integrated steel mills in the United States and Canada. It usually is available on the homepage of Boatnerd, but there is a 'page not found' error when I click on the link so someone at Boatnerd HQ has to fix it. For now you can access the interactive map of steel mills here: https://www.google.com/maps/d/edit?mid= . sp=sharing

- Brian

the proposed pellet provider for Lorain went Bankrupt years ago.


Report this post
Top
  
Reply with quote  
 Post subject: Re: Cliffs Acquisitions
Unread postPosted: March 29, 2021, 7:46 pm 
Cliffs owns the steel mill in Cleveland, too. The steel mill in Lorain isn't in operation, as far as I know. The blast furnaces haven't operated since 2008. I recall there was talk of an EAF being built at that mill, but I haven't heard anything about it in a very long time.

I created Google Maps for all the integrated steel mills in the United States and Canada. It usually is available on the homepage of Boatnerd, but there is a 'page not found' error when I click on the link so someone at Boatnerd HQ has to fix it. For now you can access the interactive map of steel mills here: https://www.google.com/maps/d/edit?mid= . sp=sharing

- Brian


Report this post
Top
  
Reply with quote  
 Post subject: Re: Cliffs Acquisitions
Unread postPosted: March 29, 2021, 6:10 pm 
So basically they own every US steel mill bordering the Great Lakes with the exception of Gary and Lorain? Isn't there only one mill left in Cleveland also?


Report this post
Top
  
Reply with quote  
 Post subject: Re: Cliffs Acquisitions
Unread postPosted: March 27, 2021, 12:52 pm 
Cliffs owns the steel mills in Cleveland, Middletown, Dearborn, Indiana Harbor, and Burns Harbor, and of course the new HBI Plant in Toledo.


Report this post
Top
  
Reply with quote  
 Post subject: Cliffs Acquisitions
Unread postPosted: March 26, 2021, 12:01 pm 
With all of the talk of the recent Cliffs takeover of several steel mills which ones on the lakes do they now own? What are the ones they don'?


Report this post
Top
  
Reply with quote  
Display posts from previous:  Sort by  
Post new topic Reply to topic  [ 14 posts ] 

All times are UTC - 5 hours




Return to Great Lakes & Seaway Shipping  
Copyright Boatnerd.com All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Use of this site is based on the Terms of Use
Powered by phpBB © 2000, 2002, 2005, 2007 phpBB Group