Cleveland Cliffs and Kobe Steel will implement iron ore projects using ITmk3

American Cleveland Cliffs, together with Japan's Kobe Steel is building a plant using technology of direct reduction of iron ITmk3 (Ironmaking Technology Mark Three) with the capacity of 500 thousand tons using Kobe technology - ITmk3, said Metal Bulletin.

The agreement between the companies envisages the use of this technology in all countries where Cliffs production are present: United States, Canada, Australia and Brazil.