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Goldman sees better times for steel sector

Workers guided a steel beam into place on a bridge under construction in Cleveland.

Associated Press/File 2013

Workers guided a steel beam into place on a bridge under construction in Cleveland.

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United States Steel Corp. and other American steel makers rose after Goldman Sachs said the steel sector appears to be ‘‘heading to a sustainable recovery.’’ AK Steel Holding Corp. rose 8.7 percent, while Steel Dynamics Inc. was up 2.2 percent. Nucor Corp. advanced 1 percent. And ArcelorMittal’s American depositary receipts rose nearly 3 percent on the New York Stock Exchange. The company, based in Luxembourg, is the largest producer of steel in the world.

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