The fires at blast furnaces at the old Indiana Harbor West steel mill in East Chicago have burned for more than a century but won t forge iron for much longer.
Despite record hot-rolled steel coil prices and the best financial performance in the company s 175-year history, Cleveland-Cliffs then stunned workers by announcing it would indefinitely idle Blast Furnace No. 4
Cleveland-Cliffs plans to indefinitely idle Blast Furnace No. 4 at the Indiana Harbor steel mill, the second blast furnace in East Chicago to be taken offline in the last three
Cliffs said it will cease production at the Indiana Harbor #4 blast furnace 'within the next two months,' which will reduce to seven from eight the number of operational blast furnaces in the company's footprint. Cliffs said it could shut the blast furnace because it's using more electric-arc furnaces and more scrap metal to make steel.
Cleveland-Cliffs plans to indefinitely idle Blast Furnace No. 4 at the Indiana Harbor steel mill, the second blast furnace in East Chicago to be taken offline in the last three