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31 Oct
14:11

Cleveland-Cliffs issues second October price hike

Cleveland-Cliffs is increasing its spot-market base price on all carbon hot-rolled, cold-rolled and coated steel products to $900/short ton, Kallanish learns. This is the second price increase issued by Cleveland-Cliffs in October. On 19 October, the company raised prices to $800/st from its September minimum of $750/st (see Kallanish 19 October). The latest increase goes into effect immediately with all new orders. On 26 October, US Steel increased its spot ma…
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