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...........DiMicco of Nucor stated that the American Steel Industry will be in a depressed mode for at least 5yrs.That was sometime last year so we have plenty of time to buy into the steel sector I feel.Beleive me,I know because I've been employed in steel all my life and this ones a doosey.I look for more bankrupcy filings in the future with some big names leaving North America as a place to do business.X will survive but until housing and autos pick up big time there's better places to put ones hard earned cash..............

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