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…

Active Cooperative Agreement Awarded Last action

Award ID
DECD0000092
Recipient
Awarding agency
Obligated
$165,877,635

Award facts

Assistance listing
81.255 Clean Energy Demonstrations
Completion date 45% complete
Funding
  • $75,000,000.00 Federal
  • $90,877,635.00 Non-federal
Place of performance
Lyndora, PA 16045, USA

Award details come from USAspending.gov.

Description

As the agency reported it.

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.

Transactions

Action Federal Non-federal Date
Amendment $0 $90,877,635
Amendment $0 $0
Amendment $0 $0
Amendment $55,925,100 $0
Original award $19,074,900 $0

Quick answers

Who received award DECD0000092?

DECD0000092 was awarded to Cleveland-Cliffs Steel Corporation by Department of Energy on August 21, 2024.

How much is award DECD0000092 worth?

$165,877,635 has been obligated on DECD0000092: $75,000,000 in federal funding and $90,877,635 in non-federal funding.

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