Company says its “fully integrated” business model has yielded profits and a strong balance sheet. Cleveland-Cliffs says it anticipates demand for prime ferrous scrap will grow by 40 percent by 2025.
Cleveland-Cliffs, the second-largest steelmaker headquartered in Cleveland, Ohio, U.S., announced on the 30th that it had signed a memorandum of understanding (MOU) with POSCO regarding a strategic ...