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27 Mar
14:00

Cleveland-Cliffs announces new price increase on HRC, CRC

Cleveland-Cliffs is raising its coil prices for the second time this month, Kallanish learns from a company press release on Thursday. The Cleveland, Ohio-based flat-steel producer says its latest price increase is $60/short ton for HRC, CRC and coated goods. The new minimum base price for HRC is $900/st. In early March, Cleveland-Cliffs announced a price increase and new base price of $840/st. At that time, domestic competitor Nucor upped its own minimum b…
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