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Goldman Sachs update on US Steel
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Tuesday, 01 Feb 2011
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It is reported that Goldman Sachs is out with a research report on US Steel, saying it sees near term upside in the name.

In a note to clients, Goldman writes that "Strong price momentum should bode well for our Buy rated names, STLD and RS, which should continue to out earn their peers through the cycle. Both are also trading at multiples well below the peers. We also see (Neutral) as a beneficiary in the near term due to its better raw material cost position. On the steel making raw material side, we like SCHN (Neutral) due to its favorable export position."

(Sourced from www.benzinga.com)

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