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In 1986, Reserve Mining Company filed for bankruptcy and its operations at Babbitt and Silver Bay remained closed for four years before reopening under new ownership.
By 1990, it had climbed 86 percent to 43 million tons.
Minnesota Steel was purchased by Essar Global Ltd. in October 2007 and is now known as Essar Steel Minnesota.
In January 2010, Mesabi Nugget began producing a 97 percent iron nugget for use in SDI's electric-arc-furnace mini mills.
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