U.S. Steel (X) Credit Downgraded at Goldman Sachs
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US Steel (X) Stock Falls 5% as Morgan Stanley Downgrades to Equal Weight
October 18, 2021 11:06 AM EDTMorgan Stanley analyst Carlos de Alba downgraded shares of US Steel (NYSE: X) and Steel Dynamics (NASDAQ: STLD) to Equal Weight from Overweight today amid peak steel prices.
Morgan Stanley now expects HRC to average $1,800/t in 4Q21 (vs. $1,850/t previously) and $1,100/t in 2022 ( down from... More
