I've followed the steel industry for quite some time, and honestly it can be quite a bit disconcerting to read "professional" opinions within the industry. Barron's is out in full-force recommending U.S. Steel (X) as a potential 50%+ upside play, and JPMorgan's Michael Gambardella is still out there maintaining wanton bullishness across the entire domestic steel industry, throwing $37/share price targets on what continues to be a crippled company (U.S. Steel).