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Moody's cuts its steel industry outlook to negative from stable, expecting continued weak demand...

Moody'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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