WASHINGTON (dpa-AFX) - AK Steel (AKS) and U.S. Steel (X) are posting significant gains in afternoon trading on Friday, climbing by 7.8 percent and 6.3 percent, respectively. AK Steel has reached a nearly two-month intraday high.
The advance by AK Steel and U.S. Steel comes after Deutsche Bank upgraded its ratings on both steel makers to Buy from Hold.
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