Cleveland-Cliffs is completing the construction of its first HBI production plant in Toledo, Ohio. The most modern, efficient and environmentally compliant direct reduction plant in the world, Cleveland-Cliffs will be the first producer of high-grade, ore-based metallics in the U.S. Great Lakes region. The HBI will be a compacted form of DRI in the shape of briquettes designed for ease of shipping, handling, and feeding into electric arc furnaces. Electric-arc furnace (EAF) steelmakers will be able to domestically source feedstock and move up the value chain by producing sophisticated steel products. HBI can also be used in blast furnaces, helping boost their productivity.