22
Oct
18:17
Cleveland-Cliffs reports record results, foresees higher prices
With several of its annual fixed price sales contracts already concluded for next year, Cleveland-Cliffs anticipates its average sales price to grow higher next year. This comes as the US steelmaker reports record quarterly results.
Contract sales represent a significant portion of the company’s business, Kallanish understands.
President and ceo Lourenco Goncalves is pleased with the results of next year’s contract negotiations: “Differently fr…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous