Axiom's Gordon Johnson Says US Steel Corp Will Not Reduce Costs Enough To Buffer Downward Cyclical Forces; China Devaluation Is Nail in the Coffin For Steel Demand
August 21, 2015 at 07:46 AM EDT
Johnson initiates US Steel at Sell with a PT of $11.00. He notes US Steel Tubular shipments carry an 89% R-squared with US Oil Rigs ...
