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Cleveland-Cliffs Inc is the largest supplier
of iron ore products to the North American
steel industry. Iron ore is the fundamental
raw material for integrated steel companies
that make steel in blast furnaces. Subsidiaries
of the Company manage and hold equity
interests in five iron ore mines in Michigan,
Minnesota and Eastern Canada. Nearly all
the integrated steel companies in North
America are partners or customers. Cliffs
has a major iron ore reserve position
in the United States and is a substantial
iron ore merchant.
Cliffs is developing a significant ferrous metallics business to primarily serve steel companies that make steel in electric arc furnaces. The Companys first project is the hot briquetted iron (HBI) plant in Trinidad and Tobago.
Cliffs is in its 154th year of service to the steel industry.
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