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Barclays Bullish On Steel

2015-01-16 17:35:04| Steel - Topix.net

In a report published Thursday, Barclays weighed in on U.S. metals and mining, and expressed its bullishness on the steel, even in spite of "concerns on global growth and persistently weak commodity prices." Analysts Matthew J. Korn and Kalpesh Patel said they believe that the effects of the downward trend in steel pricing will be offset by the steel mini-mill companies' exposure to increasing American steel demand.

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