23
Dec
19:33
Sheet buyers react to Cleveland-Cliffs contract hike
The recent announcement by Cleveland-Cliffs of $1,400/short ton hot rolled coil fixed price contract agreements into the new year, up from $1,300/st, has raised questions from buy-side sources, Kallanish learns.
“I can’t imagine how that would happen. Maybe someone will question CLF and the auto companies. You would think auto company shareholders would be amazed about paying more than probably the highest contract prices ever. It’s a Christ…
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Anonymous
Very good overview of the weekly steel market.
Anonymous