Steel Mills
April 30, 2020
Cliffs to Idle HSM at AK Steel’s Dearborn Works?
Written by Tim Triplett
Steel Market Update sources and other trade press and are reporting that Cleveland-Cliffs is planning to immediately idle the hot strip mill at AK Steel’s Dearborn Works in Michigan for an indefinite period, possibly permanently, in response to the coronavirus crisis and other market pressures.
Cleveland-Cliffs, parent of AK Steel, declined to comment, saying the company is in a quiet period ahead of its first-quarter earnings call on May 11.
