Cleveland-Cliffs ( CLF), which is a dominant iron ore producer in the U.S., has initiated the development of its first hot-briquetted iron ( HBI) plant in the U.S. to cater to the rising demand of ...

Cleveland-Cliffs Inc. CLF announced that it is temporarily shutting down construction activities at its hot-briquetted iron (“HBI”) project site in Toledo, OH, effective Mar 20, following the ...

The Toledo plant will produce 1.6 million metric tons per year of customized high-quality HBI, and will make Cleveland-Cliffs the sole producer of high-quality customized feedstock for the ...

Cleveland-Cliffs, which owns AK Steel and is involved in several other steel-related sectors, says its plans to build a hot briquetted iron (HBI) facility in Toledo, Ohio, were slightly delayed by the ...

Cleveland-Cliffs will continue to monitor the COVID-19 situation and will re-start construction of the HBI plant as soon as feasible. All other Cleveland-Cliffs iron ore mining and steelmaking ...

Steelmaker celebrates six months of continued production of hot-briquetted iron (HBI) at the $1 billion Toledo, Ohio, facility. Left to Right: Terry Fedor of Cleveland-Cliffs; U.S. Congresswoman Marcy ...

which would be of strategic importance for Cliffs' HBI and other metallics. From pursuing key strategic deals with the right timing, it appears that Cleveland-Cliffs is now embracing the mantra of ...

Cleveland-Cliffs Inc. CLF shares have lost ... as well as scrap and hot-briquetted iron (HBI) domestically and internally at a stable cost vis-à-vis its peers that largely depend on imported ...

Fintel reports that on May 29, 2025, Jefferies downgraded their outlook for Cleveland-Cliffs (NYSE:CLF) from Buy to Hold. Analyst Price Forecast Suggests 91.59% Upside As of May 7, 2025, the average ...

Cleveland-Cliffs is challenging the assessed valuation for its operations, prompting Lake and Porter County assessors to ...

Cleveland-Cliffs also manages iron ore mines in Minnesota and Michigan, producing iron ore pellets that are essential for steelmaking. The company also operates hot-briquetted iron (HBI ...

VANCOUVER (miningweekly.com) – US iron-ore company Cleveland-Cliffs of Ohio expects to break ground on its first hot-briquetted iron (HBI) plant in Toledo on Thursday. The $700-million plant ...