Us steel stock price industrials ETF flows show "US Steel

Industrials ETF flows show "US Steel stock price" gaining representation in key index funds. This passive buying could lend steady underlying demand regardless of short-term volatility. The Flat-Rolled segment is projected to experience a decline in adjusted EBITDA from third-quarter levels. The downside will likely be caused by lower volumes stemming from the idled blast furnace 'B' at Granite City Works and planned maintenance at other facilities.  Average selling prices are likely to register a sequential fall due to lower spot selling prices in the third quarter, impacting lagging index-based contracts in the fourth quarter. Despite these challenges, the segment is expected to counteract these headwinds through an improved product mix partially. Approximately $10 million in anticipated start-up costs related to the Keetac direct reduced-grade pellet investment are factored into the segment's adjusted results. With this in mind, now those looking to buy have to face up to $1.2 billion worth of short positions open for United States Steel, not a light wall to attempt crashing against. Of course, the short thesis at the moment might be founded on what seems to be pretty reliable grounds; at least, that’s today’s view. From a sector perspective, "US Steel stock price" reflects broader industrial cyclicality. If auto manufacturing output rises, raw steel demand will follow, potentially lifting earnings revisions upward.