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2009-07-28 — wsj.com
Interesting note out from Goldman this morning, upgrading its view on the U.S. steel industry, as well as the venerable X — U.S. Steel. Goldman analysts write:
Demand in the US has stabilized at a low level and we are seeing some signs of sequential improvement.
...
But the real source of Goldman’s optimism seems to be, you guessed it, China.
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