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U.S. Steel Under Pressure

United States Steel Corp.(NYSE:X) is trading lower today by $1.40 to $43.61 a share. This decline in the stock occurs despite the decline in the U.S. Dollar Index. Often when the U.S. Dollar Index trades lower most commodity stocks will inflate and trade higher. That is certainly not the case for U.S. Steel Corp today. The stock will have short term intra-day support around the $43.00 area and more around the $42.50 level.