Significant, but not surprising: Cleveland-Cliffs posts a record profit for the second quarter of this year. Cliffs, along with U.S. Steel, is one of the major powers in the taconite mining industry of northern Minnesota’s Iron Range. Steel prices are way up, taconite is key to producing steel, the good times roll, but who is really enjoying those good times? The people of our region need to assert that they have a stake in this kind of news, because we certainly pay the price when the news is bad.
Good times rolling on the Range … for some
July 31, 2008 by Leave a Comment
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