Cleveland-Cliffs announced that it is increasing current spot market base prices for all carbon hot rolled, cold rolled and coated steel products by a minimum of $50 per net ton, effective immediately with all new orders. Cliffs’ minimum base price for hot rolled steel is now $950 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
See today’s best-performing stocks on TipRanks >>
Read More on CLF:
- Street Wrap: Today’s Top 15 Upgrades, Downgrades, Initiations
- Fly Insider: Zions Bancorp, Albertsons among week’s notable insider trades
- Cleveland-Cliffs call volume above normal and directionally bullish
- Insiders Pour Millions Into These 2 Beaten-Down Stocks — Here’s Why You Might Want to Ride Their Coattails
- ‘Load Up,’ Says Goldman Sachs About These 3 Metal Stocks