mid-cap

One NYSE Listed Iron & Steel Stock at Resistance Level: United States Steel Corporation

Mar 19, 2025 | Team Kalkine

Read Time :10 Mins

One NYSE Listed Iron & Steel Stock at Resistance Level: United States Steel Corporation — Image source: shutterstock

X:NYSE

Investment Type

Mid - Cap

Risk Level

Action

Rec. Price (US$)

Company Overview: United States Steel Corporation (NYSE: X) is a steel producer. The Company operates through four segments: North American Flat-Rolled (Flat-Rolled), Mini Mill, U. S. Steel Europe (USSE) and Tubular Products (Tubular). The Flat-Rolled segment is involved in the production of slabs, strip mill plates, sheets and tin mill products, as well as all iron ore, direct reduced grade pellets, pig iron, and coke production facilities in the United States.

As per our previous US Daily Report published on ‘X’ on 11^th March 2025, Kalkine provided a ‘Buy’ stance on the stock at USD 36.02, based on “price action, recent key business and financial highlights, momentum in the last one month, and technical indicator analysis” and the stock price has now moved by ~15.77% since then and attained resistance 1.

Noted below are the details of support and resistance levels provided in our previous report:

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Disclaimer-

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