'Steel Manufacturer Enters Agreement Solidifying Its Commitment To Spend More Than $100M To Reduce Emissions From Its Dearborn, Michigan, Facility' - DOJ
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The Justice Department and EPA have modified a 2015 consent decree with Cleveland-Cliffs Steel Corporation (formerly AK Steel) to resolve Clean Air Act violations at its Dearborn, Michigan, steel manufacturing plant. The modification requires Cleveland-Cliffs to undertake additional measures costing over $100 million to reduce visible emissions and curtail emissions of manganese and lead. The company will also pay a civil penalty of $81,380 to the state of Michigan for violating state permit's opacity, lead and manganese limits.
October 19, 2023 | 6:25 pm
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Cleveland-Cliffs Steel Corporation is required to spend over $100 million to reduce emissions at its Dearborn plant, which could impact its short-term financial performance.
The company's commitment to spend over $100 million to reduce emissions at its Dearborn plant, along with a civil penalty of $81,380, could negatively impact its short-term financial performance. However, this move could also improve its long-term sustainability and reputation.
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