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Chinese steelmaker Wuhan Iron & Steel, known as Wisco, owns a minority stake in Bloom LakeIOC and Wisco were not immediately reachable for comment JPMorgan analyst Michael Gambardella has estimated that Cliffs could trim its closure costs at Bloom Lake to under $100-million by seeking creditor protection in Canada

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wisco owns 19 cliffs mining Chinese steelmaker Wuhan Iron & Steel, known as Wisco, owns a minority stake in Bloom LakeIOC and Wisco were not immediately reachable for comment JPMorgan analyst Michael Gambardella has estimated that Cliffs could trim its closure costs at Bloom Lake to under $100million by seeking creditor protection in Canada

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