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Cleveland-Cliffs Lifts Minimum Base Price For Hot Rolled Steel To $1,200 Per Net Ton

Steel producer Cleveland-Cliffs Inc. (CLF) announced Monday that it is increasing current spot market base prices for all carbon hot rolled, cold rolled and coated steel products by a minimum of $100 per net ton, effective immediately with all new orders.

Cliffs' minimum base price for hot rolled steel is now $1,200 per net ton.

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