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14 May
19:48

Cleveland uses auto downtime to adjust AK inventory

The pause in automotive manufacturing has given Cleveland-Cliffs a chance to tweak the inventory system of its newly acquired AK Steel asset, Kallanish learns from the company’s first-quarter conference call. During the due-diligence phase of acquiring AK Steel, Cleveland-Cliffs discovered potential improvements for the company’s just-in-time inventory situation. “While we do not believe AK Steel’s just-in-time inventory was worse than th…
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