$75,000,000
to CLEVELAND-CLIFFS STEEL CORPORATION
THE STEEL SLAB ELECTRIFIED INDUCTION REHEAT FURNACE UPGRADE TO REDUCE GHG EMISSIONS AND ENHANCE QUALITY, LED BY CLEVELAND-CLIFFS STEEL CORPORATION (CLIFFS), PLANS TO CONSTRUCT FOUR NEW INDUCTION REHEAT FURNACES (IRF) FOR THE HIGH TEMPERATURE PRODUCTION OF HIGH-SILICON GRAIN ORIENTED ELECTRICAL STEEL (GOES), WHICH IS USED TO MANUFACTURE ELECTRICAL TRANSFORMERS. THIS TECHNOLOGY CAN BE REPLICABLE ACROSS THE INDUSTRY TO ELECTRIFY THE STEEL SLAB REHEATING PROCESS. IDLE TWO EXISTING HIGH TEMPERATURE NATURAL GAS FIRED REHEAT FURNACES UPON SUCCESSFUL COMMISSIONING OF IRFS. THIS PROJECT WILL ENGAGE WITH LOCAL COMMUNITY AND WORKERS VIA TWO-WAY ENGAGEMENT, IMPROVE AIR QUALITY FOR LOCAL COMMUNITIES, AND SUSTAIN QUALITY UNION JOBS.
Verbatim from USAspending.gov. Capitalization, abbreviations, and codes are unchanged.
What the model surfaced from this award
Fund Cleveland-Cliffs to build four electric induction furnaces replacing natural gas units in steel production, reducing emissions while maintaining quality.
Demonstrates U.S. commitment to decarbonizing heavy industry—steel is a critical material for infrastructure and transformers—while keeping production domestic and union jobs intact.
Signals DOE backing for electrified steel supply chains; suppliers of induction heating equipment and electrical components will see increased demand; natural gas furnace suppliers face displacement.
China dominates global steel production; U.S. investment in cleaner, higher-quality electrical steel manufacturing supports domestic competitiveness in transformer and grid modernization markets.
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- USAspending.gov — all awards for this UEI →
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- Award record ingested from usaspending. Source identifier ASST_NON_DECD0000092_089.
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