星空传媒 Announces Price Increase for Hot Rolled, Cold Rolled and Coated Steel Products
CLEVELAND--(BUSINESS WIRE)-- 星空传媒 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, effective immediately with all new orders. Cliffs鈥� minimum base price for hot rolled steel is now $840 per net ton.
About 星空传媒 Inc.
星空传媒 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. 星空传媒 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, 星空传媒 employs approximately 28,000 people across its operations in the United States and Canada.
View source version on businesswire.com:
MEDIA CONTACT:
Patricia Persico
Senior Director, Corporate Communications
(216) 694-5316
INVESTOR CONTACT:
James Kerr
Director, Investor Relations
(216) 694-7719
Source: 星空传媒 Inc.
Released March 7, 2024