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Metal firm shares had been notably poor performers on Thursday and Friday, with Cleveland-Cliffs (NYSE:CLF) -13.2%, Nucor (NYSE:NUE) -9.5%, Metal Dynamics (STLD) -8.4%, Industrial Metals (CMC) -7.1%, US Metal (X) -5%, ArcelorMittal (MT) -4.4% over the 2 buying and selling periods.
Studies earlier this week stated President Biden is planning
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