02
Mar
19:24
Cleveland-Cliffs issues second price adjustment this week
In addition to SSAB, Cleveland-Cliffs has raised prices on as-rolled, normalised, and quench and tempered plate products by a minimum of $60/short ton. This is the second adjustment issued by the company this week. On 28 February, the company announced it was increasing the minimum base price of hot rolled coil to $1,100/st, a $100/st increase on-week.
Kallanish reported current US plate prices are holding at $1,460-1,490/st on 1 March, but sources were anticipati…
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Anonymous
Very good overview of the weekly steel market.
Anonymous