Cleveland-Cliffs announced that it is increasing current base prices for its steel plate products by a minimum of $60 per net ton. This price increase includes as-rolled, normalized, and quench and tempered steel plate products, and is effective immediately with all new, non-contract orders. Cliffs also reserves the right to re-quote any open offers not confirmed by a Cliffs order acknowledgment.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on CLF:
- Cleveland-Cliffs boosts steel product prices by minimum of $100 per net ton
- Cleveland-Cliffs announces price increase for hot rolled, cold rolled products
- Cleveland-Cliffs price target lowered to $26 from $27 at B. Riley
- Cleveland-Cliffs sees shipments rising to 4M ton level in Q1
- Cleveland-Cliffs sees Q1 adjusted EBITDA performance greater than Q422