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Moody's cuts its steel industry outlook to negative from stable, expecting continued weak demand...
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Thursday, September 27, 2012, 11:58 AM ETMoody's cuts its steel industry outlook to negative from stable, expecting continued weak demand for U.S. steel and rising imports. "While capacity utilization levels remain above 70%, they have slowed since peaking in April 2012 and will likely continue at lower levels," Moody's notes. X -0.9%, AKS -1.2%, NUE +0.2%, MT -1.8%, STLD -0.4%.
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