Why it matters
The steel context.
Modern US steelmaking is shifting from coal-fired blast furnaces to electric-arc furnaces — lower emissions, lower energy intensity, and capital structures closer to chip fabs than 20th-century mills. Many of these projects are explicitly tied to downstream EV and renewable-energy manufacturing, creating short, vertically-integrated US supply chains.
Project record
At a glance
- Company
- Cleveland-Cliffs
- Industry
- Steel
- Location
- Middletown, Ohio
- Investment
- $1.30B
- Expected jobs
- 170
- Status
- Planning
- Announced
- Mar 28, 2024
- Expected opening
- Jan 1, 2026
- Added to tracker
- Apr 15, 2025
Sources
Official references
- Primary source https://www.clevelandcliffs.com/news
Related
Other projects to know
In Ohio
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