Naz News, Gappers and FLE's

[MWM]

KeyBanc raised its flat rolled price forecasts given increasing evidence for pricing upside in 2H09.

The firm raised price targets on Buy rated US Steel (X) to $50 from $47, Steel Dynamics (STLD:$15.26,00$0.02,000.13%) to $20 from $18, AK Steel (AKS:$18.35,00$0.03,000.16%) to $25 from $23, and Olympic Steel (ZEUS:$24.22,00$-0.36,00-1.46%) to $30 from $25. The firm rates Nucor (NUE:$46.86,00$1.11,002.43%) , Reliance Steel (RS), and Gerdau AmeriSteel (GNA:$6.71,00$-0.14,00-2.04%) Hold but is "positively disposed" towards them.