27
Feb
21:03
Cleveland-Cliffs issues 5th flats price adjustment
Cleveland-Cliffs has issued another $100/short ton spot market price increase on hot rolled, cold rolled, and coated steel products, Kallanish learns. The company’s minimum base price for spot purchases is now $1,100/st.
“I think mills have to keep up the momentum,” says the operator of a large service centre.
The adjustment is the company’s fifth since the beginning of the year. On 17 January, Cleveland-Cliffs issued its first increase o…
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Anonymous
Very good overview of the weekly steel market.
Anonymous