Steel Mills
June 22, 2021
Cliffs to Demolish Ashland Works
Written by Sandy Williams
The Ashland Works steel mill is coming down after operating for the better part of 100 years on the Ohio River. Cleveland-Cliffs Inc. confirms that it will demolish the idled Kentucky mill that it acquired from AK Steel in 2019. Although there were initial discussions about restarting the mill to produce pig iron, ultimately the decision was made by CEO Lourenco Goncalves to raze the facility.
The steel building and equipment will be dismantled and recycled as scrap where possible. Cleveland-ClIffs is still assessing the amount of scrap that will be generated in the demolition, but expects the result to be net cash positive for the company.
