09
Jun
13:58
Cleveland holds ribbon-cutting for Toledo HBI plant
US iron and steel producer Cleveland-Cliffs is marking the sixth month of operation for its $1 billion hot-briquetted iron (HBI) plant in Toledo, Ohio, Kallanish reports.
The ribbon-cutting ceremony held 9 June featured ceo Lourenco Goncalves and Ohio Governor Mark DeWine.
“Natural gas based iron reduction is the future of our industry,” says Goncalves. “The production and use of HBI within our operations has catalysed what has been …
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Very good overview of the weekly steel market.
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