12
Aug
19:15
Cliffs restarts Mustang pellet operation
Cliffs Natural Resources has broken ground on a new $65 million taconite pellet facility in Forbes, Minnesota, Kallanish learns from a company statement and local media reports.
The project, which is being headed up by Cliffs subsidiary United Taconite, is a reboot of a similar project that was idled due to poor market conditions.
Cliffs expects the so-called Mustang pellet facility to begin shipping product to prime customer ArcelorMittal within eight months…
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Anonymous
Very good overview of the weekly steel market.
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