Cleveland-Cliffs Announces Price Increase for Hot Rolled, Cold Rolled and Coated Steel Products
Published by Todd Bush on February 27, 2023
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 $100 per net ton, effective immediately with all new orders. Cliffsâ minimum base price for hot rolled steel is now $1,100 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, 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.
Contacts
MEDIA CONTACT:
Patricia Persico
Senior Director, Corporate Communications
(216) 694-5316
INVESTOR CONTACT:
James Kerr
Manager, Investor Relations
(216) 694-7719
Subscribe to the newsletter
Daily decarbonization data and news delivered to your inbox
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Companies
Latest issues
-
Kita's $29M Bet Signals Carbon Insurance Is Here
Inside This Issue đĄď¸ Kita's $29M Bet Signals Carbon Insurance Is Here đď¸ CCI BioEnergy Selects Arcadis As Design-Engineer Partner Under Master Service Agreement đ¤ Tapestry and Climeworks Announce ...
-
Cummins Quit Electrolyzers. Electric Hydrogen Didn't.
Inside This Issue ⥠Cummins Quit Electrolyzers. Electric Hydrogen Didn't. 𧪠New Electrified Method Captures Carbon Dioxide From Air đž Iowa Could Be on the Cusp of a Hydrogen Rush; Lawmakers Weigh ...
-
Inside Americaâs Carbon Capture Reality Check
Inside This Issue ⥠Duke Energy Florida Goes Live With First 100% Hydrogen System âď¸ Air bp Signs Agreement With Airbus on Flight Services and Fuel Supplies in Europe đ Pairing Reefs and Mangroves...
Company Announcements
-
Vancouver, British Columbia--(Newsfile Corp. - February 18, 2026) - Element One Hydrogen & Critical Minerals Corp. (CSE: EONE) ("Element One" or the "Company") is pleased to announce the format...
-
CCI BioEnergy Selects Arcadis As Design-Engineer Partner Under Master Service Agreement
First project under the agreement will contribute to doubling the processing capacity of Torontoâs Disco Road Organic Processing Facility Toronto, ON â Arcadis (EURONEXT: ARCAD) is pleased to anno...
-
QIMC Reports Diamond Drilling Underway at West Advocate Hydrogen Project, Nova Scotia
Montreal, Quebec-- QuĂŠbec Innovative Materials Corp. QIMC (OTCQB: QIMCF) (FSE: 7FJ) ("QIMC" or the "Company") announces that diamond drilling operations commenced on February 17, 2026, at its West ...
-
Seaweed Farming Could Remove Millions of Tons of COâ Each Year, Study Finds
Seaweed farming is a key strategy for carbon dioxide removal (CDR), offering both climate mitigation and ecological benefits. A recent study published in Communications Sustainability examined how ...