Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Cleveland-Cliffs temporarily halts HBI project

Cleveland-Cliffs ceased construction at its hot-briquetted iron (HBI) project site in Toledo on March 20 in response to COVID-19 guidelines issued by the Governor of Ohio. Construction at the HBI site will resume once the severity of the crisis begins diminishing, the company said in a statement. All other Cleveland-Cliffs branches and steelmaking facilities will maintain operational. 

 

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