Cliffs Natural Resources to Build Iron Ore Plant for U.S. EAF Market

SUGAR LAND--June 28, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--With its eye on U.S. electric arc furnace (EAF) steel producers, Cliffs Natural Resources Incorporated (NYSE:CLF) (Cleveland, Ohio) plans to build its first planned direct-reduced-iron, hot briquetted iron ore production plant. Cliffs announced on June 15 that it picked a brownfield site in Toledo, Ohio, for the $700 million project.