NEW YORK (TheStreet) -- Shares of United States Steel plummeted Friday, falling 9.38% after analysts at Goldman Sachs slashed its price forecast for the iron ore industry. Iron ore is the main ingredient for making steel. And Goldman says prices could fall more than 17% this year from $80 per metric ton to $66.
How To Trade United States Steel Ahead Of Fourth-quarter Earnings
twocents@thestreet.com (Richard Saintvilus), The Street
Sun, 01/25/2015 - 9:17am
Topics: //platform.twitter.com/widgets.js york thestreet shares states steel goldman sachs iron dow jones industrial average s&p the pittsburgh-based x 50-day simple moving average ycharts investors read rock-solid dividend stocks with years market-beating performance both nucor corporation and ak steel report follow richard_wspb metals mining goldman u.s steel in nucor corporation ak steel x nucor and ak steel click trade fourth-quarter earnings results industry ore friday price tuesday respective lowest cut suggests fall analysts close forecast good near-term reports buy pullback time account guidance bad words
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