Updated Jan. 3, 2024 12:31 pm ET
The latest Market Talks covering Basic Materials. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.
1023 ET — For the fifth month in a row, Cleveland-Cliffs is raising prices on its steel products. Its latest boost, to a minimum of $1,150 a ton, reflects an overall increase of about 53% since September. The US Midwest Domestic hot-rolled coiled sheet steel spot price is up 60% from the end of September to $1,127 a ton as of yesterday, according to FactSet data. (zaeem.shoaib@wsj.com)
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