Tag: USA: Cleveland-Cliffs decreases HRC prices by $50/t for Jun’24 sales

Cleveland-Cliffs, a major North American steel producer, announced a price drop of $50/t for spot hot rolled steel coil (HRC) for Jun’24 sales. The minimum base price for Cleveland-Cliffs’ hot rolled steel is assessed at $850/t against $900/t announced on 27 Mar. The price applies to new enquiries and can be adjusted monthly based on…