{"id":764575,"date":"2023-06-20T07:04:03","date_gmt":"2023-06-20T11:04:03","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/cleveland-cliffs-announces-price-increase-for-flat-rolled-steel-products\/"},"modified":"2023-06-20T07:04:03","modified_gmt":"2023-06-20T11:04:03","slug":"cleveland-cliffs-announces-price-increase-for-flat-rolled-steel-products","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/cleveland-cliffs-announces-price-increase-for-flat-rolled-steel-products\/","title":{"rendered":"Cleveland-Cliffs Announces Price Increase for Flat-Rolled Steel Products"},"content":{"rendered":"

<\/p>\n

Cleveland-Cliffs Announces Price Increase for Flat-Rolled Steel Products<\/b><\/p>\n

CLEVELAND–(BUSINESS WIRE<\/a>)–
\nCleveland-Cliffs Inc. (NYSE: CLF) <\/b>today announced that it is increasing current spot market base prices for all carbon hot rolled, cold rolled and coated steel products by a minimum of $50 per net ton, effective immediately with all new orders. Cliffs\u2019 minimum base price for hot rolled steel is now $950 per net ton.<\/p>\n

About Cleveland-Cliffs Inc.<\/b><\/p>\n

\nCleveland-Cliffs is the largest flat-rolled steel producer in North America. Founded in 1847 as a mine operator, Cliffs also is the largest manufacturer of iron ore pellets in North America. The Company is vertically integrated from mined raw materials, direct reduced iron, and ferrous scrap to primary steelmaking and downstream finishing, stamping, tooling, and tubing. Cleveland-Cliffs is the largest supplier of steel to the automotive industry in North America and serves a diverse range of other markets due to its comprehensive offering of flat-rolled steel products. Headquartered in Cleveland, Ohio, Cleveland-Cliffs employs approximately 27,000 people across its operations in the United States and Canada.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20230616747879\/en\/<\/a><\/span><\/p>\n

MEDIA CONTACT:
\n<\/b>
Patricia Persico
\n
Senior Director, Corporate Communications
\n
(216) 694-5316<\/p>\n

INVESTOR CONTACT:
\n<\/b>
James Kerr
\n
Manager, Investor Relations
\n
(216) 694-7719<\/p>\n

KEYWORDS:<\/b> Ohio United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Natural Resources Manufacturing Steel Mining\/Minerals Machine Tools, Metalworking & Metallurgy<\/p>\n

MEDIA:<\/b><\/p>\n\n","protected":false},"excerpt":{"rendered":"

Cleveland-Cliffs Announces Price Increase for Flat-Rolled Steel Products CLEVELAND–(BUSINESS WIRE)– Cleveland-Cliffs Inc. (NYSE: CLF) today announced that it is increasing current spot market base prices for all carbon hot rolled, cold rolled and coated steel products by a minimum of $50 per net ton, effective immediately with all new orders. Cliffs\u2019 minimum base price for hot rolled steel is now $950 per net ton. About Cleveland-Cliffs Inc. Cleveland-Cliffs is the largest flat-rolled steel producer in North America. Founded in 1847 as a mine operator, Cliffs also is the largest manufacturer of iron ore pellets in North America. The Company is vertically integrated from mined raw materials, direct reduced iron, and ferrous scrap to primary steelmaking and downstream finishing, stamping, tooling, … <\/p>\n

Continue reading “Cleveland-Cliffs Announces Price Increase for Flat-Rolled Steel Products”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-764575","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nCleveland-Cliffs Announces Price Increase for Flat-Rolled Steel Products - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cleveland-cliffs-announces-price-increase-for-flat-rolled-steel-products\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cleveland-Cliffs Announces Price Increase for Flat-Rolled Steel Products - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Cleveland-Cliffs Announces Price Increase for Flat-Rolled Steel Products CLEVELAND–(BUSINESS WIRE)– Cleveland-Cliffs Inc. (NYSE: CLF) today announced that it is increasing current spot market base prices for all carbon hot rolled, cold rolled and coated steel products by a minimum of $50 per net ton, effective immediately with all new orders. Cliffs\u2019 minimum base price for hot rolled steel is now $950 per net ton. About Cleveland-Cliffs Inc. Cleveland-Cliffs is the largest flat-rolled steel producer in North America. Founded in 1847 as a mine operator, Cliffs also is the largest manufacturer of iron ore pellets in North America. 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