Cliffs Enters Into New Agreement For Pellet Production
GLR News Update
Marquette, MI – (Great Lakes Radio News) – Some good news for the future of iron ore pellet production at Cliffs Natural Resources.
The company announced yesterday that it has entered into a new Agreement with AK Steel to supply iron ore pellets from next year through 2023. The new Agreement includes minimum and maximum volume iron ore pellet purchases from Cliffs, as outlined in the Agreement.
Cliffs will continue to supply AK Steel with iron ore pellets for the remainder of 2013 and 2014 under the previous Agreement between the two companies.