Goldman Sachs raised the Dutch steelmaker Arcelor Mittal (ArcelorMittal) rating on the stock from "neutral" to "buy", while maintaining a rating on the stock to the Nordic steel distributor Klöckner & Co the level of "buy"
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integrated media reported on April 18, 18, Goldman Sachs (GoldmanSachs) to adjust the rating of the steel manufacturing industry in Europe because of thatWorld Steel Pipe , some of them huge exposure in high-growth market with professional market, and business growth opportunities, good profit margins and low-cost carriers will be conducive to the conduct of industry vertical integration.
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Goldman Sachs also cut its rating on the stock of the German steel giant ThyssenKrupp (ThyssenKruppAG) since the "buy" to "neutral", that the stock valuation has been fully reflects the momentum the lack of slowdown in growth momentum with the 2011 car is expected to and ThyssenKrupp market demand.
In addition World Steel Pipe News , Goldman German steel supplier SalzgitterAG and Sweden SSABAB, rating on the stock from "neutral" down to "sell" that the lower valuation of the Salzgitter share price has not yet been fully reflected, and is expected to market before the full pricing power, the growth prospects of the company's profit margins will be small.
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