Cleveland-Cliffs

Cleveland-Cliffs announced plans to establish a new electrical distribution transformer production plant in Weirton, West Virginia. Lourenco Goncalves, Cleveland-Cliffs' Chairman, President and Chief Executive Officer hosted a press conference with West Virginia Governor Jim Justice and other elected officials in Weirton. The press conference highlighted Cleveland-Cliffs’ investment to repurpose its Half Moon Warehouse in Weirton to commence production of three-phase distribution transformers used in electric power distribution systems. This investment will result in reemployment opportunities for 600 USW-represented workers from the indefinitely idled Weirton tinplate mill. The new plant will also generate additional demand for American-made Grain Oriented Electrical Steel (GOES) produced at Cleveland-Cliffs’ Butler Works steel mill in Butler, Pennsylvania, as well as for Cleveland-Cliffs’ stainless and carbon steel products used in the manufacturing of distribution transformers. 

Cleveland-Cliffs hosted U.S. Secretary of Transportation Pete Buttigieg, Pennsylvania Governor Josh Shapiro, and other state and local government officials at its Steelton mill in Pennsylvania. Steelton is the oldest continually operating steel mill in the United States and is a leading producer of rail and other steel products that support critical infrastructure and national security.  An on-demand version of the press conference is available on YouTube: https://lnkd.in/gwnqY_Bb  

At the AISI General Meeting, Lourenco Goncalves, AISI Chairman and the Chairman, President and Chief Executive Officer of Cleveland-Cliffs Inc., presented the 2024 Institute Finalist Medal to the Cleveland-Cliffs team. Among the highest technical awards offered by the association, this award recognizes technical papers with special merit and importance to the American Iron and Steel industry. The Cleveland-Cliffs team collaborated on a study of the use of HBI in the Company’s EAF and AOD operations. 

Lourenco Goncalves, Chairman, President & CEO of Cleveland-Cliffs, conducted a Q&A session with Congressman Ro Khanna during the Welcome Dinner of the American Iron & Steel Institute 2024 General Meeting in Washington, D.C.

Wendell Carter, Executive Vice President, Technology, Cleveland-Cliffs Inc. participated as a panelist at the 2024 AISTech Town Hall Forum. The theme of this year’s Forum was Sustainable Optimism. Wendell discussed Cliffs’ initiatives to decarbonize steel production and sustainability topics impacting the steel industry today.

Cleveland-Cliffs recently hosted Dept. of Energy Secretary Jennifer Granholm at its Butler Works plant in Pennsylvania. The Secretary’s visit followed the recent DOE final transformer efficiency standard rule providing for the continued utilization of Grain-Oriented Electrical Steel (GOES) in virtually all of electrical distribution transformer end markets. Cleveland-Cliffs is the sole producer of GOES in the United States, and was selected for award negotiations for up to $75 million in total funding from the DOE to pursue a decarbonization investment at Butler Works. During the visit, Secretary Granholm toured the plant and met with Cleveland-Cliffs’ Chairman, President and Chief Executive Officer Lourenco Goncalves, company officials, employees as well as union leaders from the United Auto Workers (UAW), the United Steelworkers (USW) and the International Association of Machinists (IAM). Mr. Goncalves hosted a speaking program with Secretary Granholm and other invited speakers that was live streamed on the Company’s YouTube channel. The on-demand version of the program can be found on Cleveland-Cliffs' YouTube channel: https://lnkd.in/dG6QuMnb

Cleveland-Cliffs Chairman, President & CEO Lourenco Goncalves held a joint press conference with the Pennsylvania Governor Josh Shapiro, UAW Local 3303 President Jamie Sychak, Butler County Commissioner Kevin Boozel, and other UAW workers to celebrate the final U.S. Department of Energy rulemaking that preserved the use of Grain-Oriented Electrical Steel in the manufacturing of transformers. A recording of the press conference is available on the Cleveland-Cliffs YouTube page, below.

Cleveland-Cliffs has released its Sustainability Report 2023. The Sustainability Report 2023 details how Cleveland-Cliffs’ steel products help advance the transition to a low-carbon economy, providing updates and highlights related to Cleveland-Cliffs’ most important sustainability topics, including climate and GHG emissions, water, waste, talent management, labor and community relations, health and safety, and corporate governance. The Report includes a Performance Metrics table that presents 3-year trended data on a comprehensive set of sustainability metrics.   The Report is available for download in the “Sustainability” section of the Cleveland-Cliffs website: https://lnkd.in/gYW4WywS   #steelsustains #steel #clevelandcliffs #sustainabilityreporting #sustainability #ESG

Cleveland-Cliffs hosted Department of Energy (DOE) Secretary Jennifer Granholm at its Middletown Works operation, where she held a press conference on newly-announced federal funding for U.S. industrial decarbonization projects. Two of Cleveland-Cliffs' projects have been selected for award negotiations for up to $575 million in total funding from the United States Department of Energy (DOE) to pursue two decarbonization investments at Middletown Works in Ohio and Butler Works in Pennsylvania. Following successful negotiations, these projects will allow for substantial reductions in greenhouse gas (GHG) emissions across the Cliffs’ footprint and will also create efficiencies that meaningfully drive down operating costs while securing and growing good-paying Union jobs. This federal funding is being made available through DOE’s Industrial Demonstrations Program funded through the Infrastructure Investment and Jobs Act and the Inflation Reduction Act; more information on the program can be found on the DoE's website. More information on the Middletown Works and Butler Works projects are available through the Cleveland-Cliffs news release: https://lnkd.in/ge_9g357. Pictured (left to right) Donnie Blatt, USW District 1 Director; Lourenco Goncalves, Cleveland-Cliffs Chairman, President and CEO; Sec. Jennifer Granholm, Department of Energy; Jamie Sychak, President, UAW Local 3303; and Shawn Coffey, IAM Union President

Two of Cleveland-Cliffs' projects have been selected for award negotiations for up to $575 million in total funding from the U.S. Department of Energy (DOE) to pursue two decarbonization investments at Middletown Works in Ohio and Butler Works in Pennsylvania. Following successful negotiations, these projects will allow for substantial reductions in greenhouse gas (GHG) emissions across the Company's footprint, and will create efficiencies that meaningfully drive down operating costs while securing and growing good-paying Union jobs. This federal funding is being made available through DOE’s Industrial Demonstrations Program funded through the Infrastructure Investment and Jobs Act and the Inflation Reduction Act. Read the complete news release online: https://lnkd.in/ge_9g357