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Cleveland-Cliffs backs out of $500M federal grant for Middletown project

Summary by The Business Journals
Cleveland-Cliffs, one of the nation's largest steel producers, has relinquished a $500 million grant that would have transformed its Middletown Works mill into one of the most advanced steel production facilities in the world. Here's why.

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The Business JournalsThe Business Journals
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Cleveland-Cliffs backs out of $500M federal grant for Middletown project

Cleveland-Cliffs, one of the nation's largest steel producers, has relinquished a $500 million grant that would have transformed its Middletown Works mill into one of the most advanced steel production facilities in the world. Here's why.

·United States
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The Business Journals broke the news in United States on Monday, July 28, 2025.
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