03
Jan
20:29
US coil prices hold, Cliffs issues new increase
Cleveland-Cliffs has issued an immediate price adjustment to hot rolled, cold rolled and coated steel products, during a week when overall US sheet prices held steady, Kallanish learns from market participants.
The Cleveland, Ohio-based steelmaker and iron miner raised its minimum price of hot-rolled sheet to $1,150/short ton on Wednesday.
US hot rolled prices are currently transacting between $1,080-1,110/st, and cold rolled coil prices are $1,230-1,…
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Anonymous
Very good overview of the weekly steel market.
Anonymous