Cleveland-Cliffs Lifts Minimum Base Price For Hot Rolled Steel To $1,200 Per Net Ton
(RTTNews) - 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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DAX Rises 1.2% As Investors React To Quarterly Earnings
Despite concerns about the impact of U.S. President Donald Trump's trade policies, German stocks are up firmly in positive territory Wednesday morning with investors reacting to quarterly earnings updates and news about Ukraine accepting an agreement on mineral rights with the U.S.
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hace 5h 23min
European Shares Climb As US, Ukraine Agree To Minerals Deal
European shares held near record highs on Wednesday after the United States and Ukraine have agreed on the terms of a draft minerals deal amid ongoing talks to end the Ukraine-Russia war.
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hace 5h 29min
Asian Shares Mixed; China And Hong Kong Outperform
Asian markets ended mixed on Wednesday as inflation and trade war fears offset Chinese AI optimism.
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hace 6h 2min
Canadian Dollar Falls As Oil Prices Slide, U.S. Tariff Threats
The Canadian dollar weakened against other major currencies in the Asian session on Wednesday amid crude oil prices slide, as concerns about demand and oversupply in the market weighed and pushed the commodity's prices to the lowest level in about 11 weeks.
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hace 7h 52min
European Economic News Preview: German GfK Consumer Confidence Due
Consumer confidence survey results from Germany and France are the top economic news due on Wednesday. At 2.00 am ET, the market research group GfK releases Germany's consumer sentiment survey results. The forward-looking consumer sentiment index is forecast to improve to -21.6 in March from -22.4 in February.
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hace 8h 13min
Canadian Dollar Falls Against Majors
The Canadian dollar weakened against other major currencies in the Asian session on Wednesday.
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hace 8h 31min
Australia Inflation Steady At 2.5%
Australia's consumer price inflation unexpectedly remained unchanged in January supporting the case for further monetary policy easing. The consumer price index registered a steady growth of 2.5 percent in January, data from the Australian Bureau of Statistics showed on Wednesday. Prices were expected to climb 2.6 percent.
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hace 8h 51min
European Shares Seen Opening Up As Nvidia Earnings Loom
European stocks may open on a steady note Wednesday as investors await earnings from AI bellwether Nvidia for more clarity about the sustainability of the once-hot artificial intelligence trade.
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hace 9h 11min
