Story | Iron & Steel Industry
Cleveland-Cliffs Targets 4th Quarter 2020 for Completion of HBI Plant
June 30, 2020
Cleveland-Cliffs, Inc. recently announced the restart of construction of its hot briquetted iron (HBI) plant in Toledo, OH. Construction was temporarily halted on March 20, 2020, due to COVID-19. Cliffs has begun to remobilize its workforce and expects to complete construction of the plant in the fourth quarter of this year. Throughout the construction shutdown, Midrex continued to support the project with a focus on select water and electrical systems.
Cliffs also announced that its Tilden mine in Michigan, which supplies the company’s AK Steel facilities in Middletown, OH, and Dearborn, MI, will reopen ahead of schedule. The mine was idled in mid-April and was expected to resume operations in July.
Cliffs Chairman, President, and CEO Lourenco Goncalves said, “The demand for our steel, iron ore, and metallics products has recovered dramatically over the past month, and in light of this, we are restarting Toledo and Tilden sooner than we originally expected. We suspended these operations in a way that allowed us to restart as easily and efficiently as possible …”