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Cleveland-Cliffs stock jumped nearly 10% this week after a bullish view of the sector led investors to buy the dip. Analyst Philip Gibbs downgraded the stock to neutral last week due to valuation concerns and increased costs. However, steel stocks have been climbing due to increased demand from infrastructure, construction, and automotive sectors, driving up prices and profit margins for domestic producers. The next moves for the stocks will be determined by this earnings season.

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