Coffee Sipping Big Board Stocks

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CLF--Steelmakers’ ability to raise prices will affect Cliffs Natural Resources’ (CLF) realizations. U.S. Steel (X) announced a $30 rise in flat rolled steel products in October 2016. Some other producers, including AK Steel (AKS), have also followed suit. 
As reported by Barrons, ArcelorMittal (MT) rose its HRC prices $40 per ton to $600 per ton in November 2016. According to a Credit Suisse (CS) analyst, “The steel price is moving to a position where it will give producers a better margin come the second quarter. The second, third and fourth quarter of 2017 will be better compared to this year.”