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Cliffs Considers Converting BF to EAF Amid Mine Idling, Coke Plant Closure: CEO
Cleveland-Cliffs Inc. could join other steel producers in adding electric-arc furnace (EAF) capacity, the company’s top executive said. The Cleveland-based steelmaker is considering that because the cost of relining a blast furnace – and investing in the supply chains needed to feed it – are roughly the same as those for of building a new EAF. […] The post Cliffs Considers Converting BF to EAF Amid Mine Idling, Coke Plant Closure: CEO appeared first on Steel Market Update.