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Cleveland-Cliffs Iron Co., 1929 Specimen Stock Certificate.

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:140.00 USD Estimated At:200.00 - 300.00 USD
Cleveland-Cliffs Iron Co., 1929 Specimen Stock Certificate.
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Michigan (Incorporated in Ohio). Odd Shares, Specimen Stock Certificate, Black on green border and underprint, Miners on upper left and right corners flanking title over iron ore steamship with locomotives carrying ore at factory, Specimen overprints, POC's, VF/XF condition. ABN. Cleveland-Cliffs manages and operates four iron ore mines located in Michigan and Minnesota. Cleveland-Cliffs also has a fifth mine in Michigan but it has been indefinitely idled. These mines produce various grades of iron ore pellets, including standard and fluxed, for use in blast furnaces as part of the steelmaking process. As the mines are located near the Great Lakes, the majority of the pellets are transported by rail to loading ports for shipments via vessel to steelmakers in North America.