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Iron Ore

Great Lakes iron ore shipments pick back up

Great Lakes iron ore shipments pick back up

Iron ore shipments to Midwestern steel mills are down 26 percent so far this year, after an unforgiving winter choked the Great Lakes with the thickest and most extensive ice in decades.

June 17, 2014 11:24 pm
Coast Guard did nearly three times as much icebreaking this winter

Coast Guard did nearly three times as much icebreaking this winter

Northwest Indiana steel mills rely on a steady flow of shipping traffic across the Great Lakes to provide them with enough raw materials to forge metal, but the record-setting ice was so thick this winter that a boat trip that normally takes 12 hours stretched for eight days in February. Th…

May 19, 2014 11:59 am
Gary Works running at reduced capacity

Gary Works running at reduced capacity

GARY | The nation's largest steel mill is still running at reduced capacity, and iron ore sourcing problems persist because of the worst winter for Great Lakes shipping in decades.

April 16, 2014 7:45 pm Photos

Photos

Steelmaking idled at Gary Works

Steelmaking idled at Gary Works

The winter from hell has caused the shutdown of blast furnaces that normally burn around the clock at U.S. Steel Gary Works.

April 04, 2014 3:00 pm Photos

Photos

U.S. Steel holding off on coke alternative, taking blast furnace offline

U.S. Steel holding off on coke alternative, taking blast furnace offline

United States Steel Corp. is taking another look at plans to switch to a coke alternative in the steelmaking process, and replacing a blast furnace at a southern mill with a lower-cost electric arc furnace.

March 22, 2014 6:42 pm
'Formidable' ice has had a major impact on shipping

'Formidable' ice has had a major impact on shipping

Ships, including iron ore freighters bound for Northwest Indiana steel mills, have been jamming up the ice-choked St. Marys River in recent weeks as they rush to make deliveries before the Soo Locks close this week.

January 12, 2014 10:00 pm Photos

Photos

Steel mill-bound ship, icebreaker crash at sea

Steel mill-bound ship, icebreaker crash at sea

GARY | A Great Lakes freighter hauling iron ore to the Gary Works steel mill rear-ended a U.S. Coast Guard icebreaker that was cutting a path through the frozen surface of Lake Michigan.

January 06, 2014 9:00 am Photos

Photos

VU studies turning sunlight into hydrogen

VU studies turning sunlight into hydrogen

VALPARAISO | About 16 years ago, Robert Palumbo got the idea of taking something nobody wants — basically, rust — and using it to produce something almost everybody can use — hydrogen — using solar energy.

November 09, 2013 6:30 pm Photos

Photos

RUST BELT RESURGENCE: Miners, workers strike gold in thriving iron industry

RUST BELT RESURGENCE: Miners, workers strike gold in thriving iron industry

DULUTH, Minn. | Minerals and metallurgical engineer Don Fosnacht said having an "ungodly vast" array of natural resources is a good situation.

September 18, 2011 12:00 am Photos

Photos

Related

U.S. Steel making play to reduce coke consumption, use natural gas

Capitalizing on cheap natural gas, becoming more cost competitive and enhancing its coke position were among the goals United States Steel Corp. executives outlined in a conference with analysts late last month.

August 28, 2011 12:00 am

U.S. Steel to reduce coke, use natural gas

U.S. Steel is continuing a project in Gary to build two modules that produce a carbon alloy material that would be a substitute for traditionally manufactured coke in steelmaking.

August 28, 2011 12:00 am
Volatility steering decisions for steel companies

Volatility steering decisions for steel companies

Raw material price volatility is pushing steel industry executives to implement new processes or vertical integration. At the Association for Iron & Steel Technology's annual conference last week, company leaders said the price increases on coal, coke and iron ore are driving the need to…

May 09, 2011 9:45 am Related
Volatility steering decisions for steel companies

Volatility steering decisions for steel companies

INDIANAPOLIS | Steel industry executives said Wednesday they have to continue finding ways to reduce their exposure to raw material price volatility by implementing new processes or vertical integration.

May 04, 2011 7:00 pm Related
Settlement costs ArcelorMittal up to $270 million

Settlement costs ArcelorMittal up to $270 million

ArcelorMittal USA Inc. will pay a Cleveland-based mining company at least $250 million to settle disputes on iron ore supply contracts.

April 11, 2011 3:00 pm
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