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 $900 per net ton.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on CLF:
- U.S. Steel’s (NYSE:X) Q3 Results Surpass Estimates Despite Lower Prices
- Unusually active option classes on open October 25th
- Cleveland-Cliffs says has reduced debt about 60% in past three years
- Cleveland-Cliffs (NYSE:CLF) Rises on Stellar Q3 Earnings Results
- Cleveland-Cliffs lowers FY23 CAPEX view to $670M from $700M