Cleveland-Cliffs announces price increases
Cleveland-Cliffs "announced that it is increasing current spot market base prices for all carbon hot rolled, cold rolled and coated steel products, effective immediately with all new orders. Cliffs' minimum base price for hot rolled steel is now $840 per net ton."
January 3rd announcement
CLEVELAND, January 03, 2024--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) today announced that it is increasing current spot market base prices for all carbon hot rolled, cold rolled and coated steel products, effective immediately with all new orders. Cliffs’ minimum base price for hot rolled steel is now $1,150 per net ton.
A lot happened in 2 months