So... looking at US Steel (X) and the steel indstry in general. Buy or Short?

Cont.

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I am looking at X US Steel. But I don't know which way its going.

Here is why, Iron Ore has been going up in price, which would be bad for X. But some of the major competition in Europe and South America seems to be sucking right now, Thyssen Krupp, Schmolz, Steel Partners, Wetzel, and well most of the metals industry is sucking in general.

Does that mean US Steel will follow and suck more, or does it mean it would be in a better position to grow?

Or maybe the play is to short the whole industry if it hadn't bottomed out.

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