20
Jun
20:35
Cleveland-Cliffs increases flat rolled steel prices
Cleveland-based steel producer Cleveland-Cliffs issued a $50/short ton price increase on all spot market hot and cold rolled steel products, Kallanish understands. The price adjustment is effective immediately.
The company notes its base price is $950/st for HRC. On 14 June, US Steel issued a price adjustment increasing its spot prices on flat rolled products by $50/st. Meanwhile, a US analyst tells Kallanish: “Nucor announced a $50/st hike, setting minimum …
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Anonymous
Very good overview of the weekly steel market.
Anonymous