Why Cleveland-Cliffs Benefits More from a Rise in US Steel Prices

why cleveland cliffs benefits more from a rise in us steel prices
Why Cleveland-Cliffs Benefits More from a Rise in US Steel Prices

Is Cleveland-Cliffs Well Placed amid Changing US Steel Dynamics? Steel prices are a major driver of steelmakers’ earnings and revenues. According to S&P Global Platts, US (SPY) steel prices rose 17.5% on average in 2017 compared to 2016.

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