Cleveland-Cliffs is getting federal permission to let semi-trailer truck drivers haul steel coil around its Indiana Harbor steel mill in East Chicago for up to 16 hours a day, longer
A vote on a $1 trillion infrastructure bill was planned in the U.S. House Thursday, but infighting among House Democrats delayed the vote. The Senate and House passed a stopgap funding measure to avoid a government shutdown through early December.
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Great Lakes steel production remained flat last week with U.S. steel mills only operating at about three-fourths of capacity, according to the American Iron and Steel Institute.
Steel mills in the Great Lakes region, clustered mainly along the lakeshore in Northwest Indiana, made 599,000 tons of metal in the week that ended Feb. 13, the same as the week before. It marked the end of a three-week skid of decline.
Overall, domestic steel mills in the United States made 1.743 million tons of steel last week, up 2.2% from 1.705 million tons the previous week, and down 5.5% as compared to 1.844 million tons the same time a year prior.