Cleveland-Cliffs celebrates direct reduction plant in Toledo
US mining and steel maker Cleveland-Cliffs Inc recently celebrated the first six months of continuous operation and hot-briquette iron production at the Toledo, Ohio, direct reduction plant. Cliffs Chairman, President and CEO, Mr. Lourenco GonÃ§alves, said, âWe are celebrating a new era for the steel industry in the United States. This event officially marks the culmination of our billion dollar investment to build and operate the world’s most modern and environmentally friendly direct reduction plant, and the first of its kind built for the present and for the future. Reducing iron from natural gas is the future of our industry. The production and use of HBI in our operations catalyzed what has been a phenomenal year for us and, most importantly, has energized our greenhouse gas emissions reduction program. It has also boosted our profitability through increased productivity in our blast furnaces and the avoidance of purchases of prime scrap from third parties for use in our EAF and BOF.
Cleveland-Cliffs has the nominal capacity to produce 1.9 million metric tons per year of high quality custom HBI using natural gas-based iron reduction. HBI can be used in blast furnaces to improve productivity and reduce GHGs by decreasing the amount of coke needed for steel production. HBI can also be used in EAFs and BOFs to replace pig iron and scrap of foreign origin, reducing the costs and higher GHG emissions associated with the production and transportation of pig iron.
Cleveland-Cliffs is the largest producer of flat-rolled steel in North America. Founded in 1847 as a mining operator, Cliffs is also the largest manufacturer of iron ore pellets in North America. The Company is vertically integrated from raw materials mined and reduced iron directly through to primary steel fabrication and downstream finishing, stamping, tooling and tubing.