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Company Type: Proprietary Company. Still, the idea at the time was to use a name that signaled its broader range beyond iron ore mining and pelletizing. In the last three years, Cliffs has undergone a major restructuring to cope with the global downturn in mining. It shed all or most of its coal holdings and now focuses mainly on iron-ore mining. With our expansion into the production of hot-briquetted iron HBI to supply the growing electric arc furnace steel industry, Cleveland-Cliffs is the best name to represent our strong present and our bright future.
Minnesota and six other states had been possible contenders for the project. Company officials celebrated the opening of that plant noting that its restructuring is on firm footing and that customer orders are growing. Dee DePass is a business reporter covering commercial real estate for the Star Tribune. She previously covered manufacturing, the economy, workplace issues and banking. Home All Sections. Log In Welcome, User.
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