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Cleveland-Cliffs Installs New Bright Anneal Line at Ohio Facility
06/26/2025 - Cleveland-Cliffs Inc. is commissioning a state-of-the-art, vertical bright anneal line for stainless steel at Coshocton, Ohio, facility, the company said Friday.
A US$150 million investment, the line will supply premium stainless steel for high-end automotive and critical appliance applications.
“Since acquiring AK Steel in 2020, our stainless steel business has been the most consistent profit generating unit for Cleveland-Cliffs. This new line at Coshocton only enhances that, with an expected quick payback on this major investment,” said Cleveland-Cliffs chief executive officer Lourenco Goncalves.
“By using hydrogen and advanced automation, we’re dramatically improving the quality and productivity of this critical product that our customers rely upon Cleveland-Cliffs for. As we embrace the new competitive landscape in the domestic steel industry, our profitability prospects are only getting stronger.”
The new annealing line uses a 100% hydrogen atmosphere, replacing the conventional acid-based processing, and includes a hydrogen recovery unit to recycle hydrogen and use a 50-50 mix of new and used hydrogen in the process, the company said.
A ribbon cutting ceremony has been scheduled for early July.
“Since acquiring AK Steel in 2020, our stainless steel business has been the most consistent profit generating unit for Cleveland-Cliffs. This new line at Coshocton only enhances that, with an expected quick payback on this major investment,” said Cleveland-Cliffs chief executive officer Lourenco Goncalves.
“By using hydrogen and advanced automation, we’re dramatically improving the quality and productivity of this critical product that our customers rely upon Cleveland-Cliffs for. As we embrace the new competitive landscape in the domestic steel industry, our profitability prospects are only getting stronger.”
The new annealing line uses a 100% hydrogen atmosphere, replacing the conventional acid-based processing, and includes a hydrogen recovery unit to recycle hydrogen and use a 50-50 mix of new and used hydrogen in the process, the company said.
A ribbon cutting ceremony has been scheduled for early July.
