Mar. 3—Editor's note: This story first published on Dec. 8, 2019, following the announcement of Cleveland-Cliffs' acquisition of AK Steel. It is being republished because of news this week that the ...
Cleveland-Cliffs abandoned a plan to update its Middletown steel plant that was awarded a federal grant in 2024. CEO Lourenco Goncalves cited a lack of available hydrogen and proposed a new project ...