mineral exploration project – commodity prices – mining stock- trade and market

Steelmaker United States Steel Corporation caught a big upgrade on Monday from analysts at Goldman Sachs.

The analyst raised its rating on X to “Buy” from “Neutral,” and lifted its six-month price target on the stock to $79 from $55. U.S. Steel shares had closed at $58.90 on Friday.

Iron ore prices will likely rise in 2010, underpinned by growing demand from China, the chief executive of Brazilian mining giant Vale said on Monday,...