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27 Sep

Cleveland-Cliffs increases minimum HRC price to $750/st

US steel producer Cleveland-Cliffs has issued a price adjustment on hot-rolled coil to a minimum of $750/short ton. Increases are also going into effect for cold-rolled coil and coated goods, learns Kallanish. The Cleveland, Ohio-based mill says it is "is increasing current spot market base prices for all carbon hot rolled, cold rolled and coated steel products, effective immediately with all new orders.” “We have been able to raise our minimums.…
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