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Re: Cliffs Acquisitions
Posted: March 31, 2021, 8:11 pm
by Jon Paul
Here is a link to Cliffs advance expectations on earnings.
https://www.thestreet.com/investing/ste ... s-forecast
Re: Cliffs Acquisitions
Posted: March 30, 2021, 8:40 pm
by KH
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.
Re: Cliffs Acquisitions
Posted: March 30, 2021, 8:38 pm
by Guest
The main plant finishing mill at Ecorse is operating. Substrate comes from the other USS mills.
Re: Cliffs Acquisitions
Posted: March 30, 2021, 12:21 pm
by ChannelFever
A few years back (2003 or so), the Cleveland Mill was the most efficient integrated steel mill in the country
Re: Cliffs Acquisitions
Posted: March 30, 2021, 9:30 am
by Guest
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.
Re: Cliffs Acquisitions
Posted: March 30, 2021, 8:51 am
by Guest
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.
Re: Cliffs Acquisitions
Posted: March 30, 2021, 8:47 am
by badger
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
Re: Cliffs Acquisitions
Posted: March 30, 2021, 7:51 am
by Darryl
What about Ecorse?
Re: Cliffs Acquisitions
Posted: March 29, 2021, 9:52 pm
by tugboathunter
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.
Re: Cliffs Acquisitions
Posted: March 29, 2021, 8:10 pm
by garbear
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.
Re: Cliffs Acquisitions
Posted: March 29, 2021, 7:46 pm
by Guest
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
Re: Cliffs Acquisitions
Posted: March 29, 2021, 6:10 pm
by Guest
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?
Re: Cliffs Acquisitions
Posted: March 27, 2021, 12:52 pm
by tugboathunter
Cliffs owns the steel mills in Cleveland, Middletown, Dearborn, Indiana Harbor, and Burns Harbor, and of course the new HBI Plant in Toledo.
Cliffs Acquisitions
Posted: March 26, 2021, 12:01 pm
by Guest
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'?