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Investment bank's downgrade dents U.S. Steel shares; CarHop fined...

2015-12-18 06:21:26| Steel - Topix.net

U.S. Steel shares fell 10 percent Thursday after Deutsche Bank downgraded the stock to sell from hold. The investment bank also downgraded AK Steel and iron ore producer Cliffs Natural Resources, citing the steel indistry's constrained cash flows and weak commodity prices.

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