Cleveland-Cliffs Lifts Minimum Base Price For Hot Rolled Steel To $1,200 Per Net Ton

RTTNews | 716 days ago
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.

read more
DAX Rises 1.2% As Investors React To Quarterly Earnings

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.
RTTNews | 5h 25min ago
Canadian Dollar Falls As Oil Prices Slide, U.S. Tariff Threats

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.
RTTNews | 7h 54min ago
European Economic News Preview: German GfK Consumer Confidence Due

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.
RTTNews | 8h 15min ago
Australia Inflation Steady At 2.5%

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.
RTTNews | 8h 53min ago
European Shares Seen Opening Up As Nvidia Earnings Loom

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.
RTTNews | 9h 13min ago