Cleveland-Cliffs hosted a ribbon cutting on July 2 for its new $ 150 million stainless steel bright annealing line at Coshocton Works in Ohio.
Speakers included Lourenco Goncalves, chairman, president and CEO at Cleveland-Cliffs Inc.; Sen. Bernie Moreno; Sen. Jon Husted; Congressman Troy Balderson; Secretary
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of State Frank LaRose; and United Auto Workers Local 3462 President Kurt Knicely.
The new annealing line uses a 100 % hydrogen atmosphere, replacing the conventional acid-based processing. This investment further enhanced Cleveland-Cliffs’ supply of premium stainless steel for high-end automotive and
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critical appliance applications.
Cleveland-Cliffs is a North America-based steel producer with focus on value-added sheet products, particularly for the automotive industry. The company is vertically integrated from the mining of iron ore, production of pellets and direct reduced iron, and processing of
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ferrous scrap through primary steelmaking and downstream finishing, stamping, tooling and |
tubing. Headquartered in Cleveland, it employs approximately 30,000 people across its operations |
in the United States and Canada. For more information visit www. clevelandcliffs. com. |