Mine Operator Is Cutting Production

CHARLESTON, W.Va. (AP) - International mine operator Cliffs
Natural Resources says it's cutting production at its six North
American iron ore mines and one coal operation in the face of lower
demand from the steel industry.

The Cleveland-based company said Monday the rate of iron ore
production is being dropped to approximately 15 million tons, from
expectations of 23 million tons, at its mines in Michigan,
Minnesota and Canada. Cliffs says it's also idling pellet furnaces.

Separately, Cliffs says it's cutting expected U.S. coal
production by 100,000 tons to approximately 3.5 million tons.
Approximately 100 workers at Cliffs' Pinnacle Complex in West
Virginia were scheduled to be laid off Monday. The Wyoming County
mine produces metallurgical coal used to make coal for firing steel
blast furnaces.

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