Best Steel Stocks to Buy Now (2025)
Top steel stocks in 2025 ranked by overall Due Diligence Score. See the best steel stocks to buy now, according to analyst forecasts for the steel industry.

Industry: Steel
Ticker
Company
Forecast Score
Market Cap
Price
Price Target
Upside/Downside
Top Analysts Upside/Downside
Consensus
Top Analysts Consensus
Analysts
Top Analysts
Fore. Revenue Growth
Fore. Earnings Growth
Forecast ROE
Forecast ROA
MSB
MESABI TRUST
$379.43M$28.92N/AN/AN/AN/AN/AN/AN/AN/A
STLD
STEEL DYNAMICS INC
$19.16B$125.83$141.4412.41%Buy91.66%4.10%20.50%11.89%
GGB
GERDAU SA
$5.97B$2.83N/AN/AN/AN/A-14.92%-29.68%11.03%7.22%
NUE
NUCOR CORP
$29.24B$124.53$158.4327.22%Buy74.93%6.11%11.96%7.13%
USAP
UNIVERSAL STAINLESS & ALLOY PRODUCTS INC
$413.83M$44.45$46.003.49%Hold1N/AN/A13.60%9.27%
ZEUS
OLYMPIC STEEL INC
$375.39M$33.72N/AN/AN/AN/AN/AN/A5.81%3.28%
RS
RELIANCE INC
$15.59B$288.06$332.0015.25%Buy3-0.59%-11.45%13.31%9.50%
MT
ARCELORMITTAL
$19.06B$23.26$31.0033.28%Strong Buy1-0.78%74.84%9.32%5.36%
WS
WORTHINGTON STEEL INC
$1.54B$30.33N/AN/AN/AN/A-1.30%7.22%18.03%10.48%
CMC
COMMERCIAL METALS CO
$5.75B$50.60$62.2523.02%Buy42.32%64.84%11.66%6.91%
HUDI
HUADI INTERNATIONAL GROUP CO LTD
$24.24M$1.70N/AN/AN/AN/AN/AN/AN/AN/A
X
UNITED STATES STEEL CORP
$8.12B$36.04$41.5115.19%Strong Buy51.86%20.88%7.76%4.35%
FRD
FRIEDMAN INDUSTRIES INC
$97.18M$13.95N/AN/AN/AN/AN/AN/AN/AN/A
MTUS
METALLUS INC
$637.84M$15.01N/AN/AN/AN/A-1.76%76.36%9.72%6.11%
SIM
GRUPO SIMEC SAB DE CV
$4.04B$26.26N/AN/AN/AN/AN/AN/AN/AN/A
SID
NATIONAL STEEL CO
$1.86B$1.40N/AN/AN/AN/A-13.73%N/A13.79%2.64%
PKX
POSCO HOLDINGS INC
$13.67B$45.04N/AN/AN/AN/AN/AN/A1.17%0.63%
RDUS
RADIUS RECYCLING
$358.70M$12.74$22.0072.68%Hold1N/AN/A-4.95%-1.90%
ACNT
ASCENT INDUSTRIES CO
$111.93M$11.09N/AN/AN/AN/AN/AN/A8.85%5.64%
CLF
CLEVELAND-CLIFFS INC
$5.07B$10.27$14.2538.79%Buy52.85%N/A2.95%1.21%
ASTL
ALGOMA STEEL GROUP INC
$866.30M$8.32N/AN/AN/AN/A6.31%N/AN/AN/A
ZKIN
ZK INTERNATIONAL GROUP CO LTD
$17.63M$0.58N/AN/AN/AN/AN/AN/AN/AN/A
INHD
INNO HOLDINGS INC
$15.71M$5.14N/AN/AN/AN/AN/AN/AN/AN/A
HLP
HONGLI GROUP INC
$17.47M$1.30N/AN/AN/AN/AN/AN/AN/AN/A

Steel Stocks FAQ

What are the best steel stocks to buy right now in Jan 2025?

According to Due Diligence Score, the 3 best steel stocks to buy right now are:

1. Mesabi Trust (NYSE:MSB)


Mesabi Trust (NYSE:MSB) is the top steel stock with a Due Diligence Score of 54, which is 22 points higher than the steel industry average of 32. It passed 20 out of 38 due diligence checks and has strong fundamentals. Mesabi Trust has seen its stock return 39.04% over the past year, overperforming other steel stocks by 49 percentage points.

2. Steel Dynamics (NASDAQ:STLD)


Steel Dynamics (NASDAQ:STLD) is the second best steel stock with a Due Diligence Score of 50, which is 18 points higher than the steel industry average of 32. It passed 18 out of 38 due diligence checks and has strong fundamentals. Steel Dynamics has seen its stock return 12% over the past year, overperforming other steel stocks by 22 percentage points.

Steel Dynamics has an average 1 year price target of $141.44, an upside of 12.41% from Steel Dynamics's current stock price of $125.83.

Steel Dynamics stock has a consensus Buy recommendation according to Wall Street analysts. Of the 9 analysts covering Steel Dynamics, 33.33% have issued a Strong Buy rating, 11.11% have issued a Buy, 55.56% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Gerdau Sa (NYSE:GGB)


Gerdau Sa (NYSE:GGB) is the third best steel stock with a Due Diligence Score of 47, which is 15 points higher than the steel industry average of 32. It passed 16 out of 38 due diligence checks and has strong fundamentals. Gerdau Sa has seen its stock lose -18.96% over the past year, underperforming other steel stocks by -9 percentage points.

What are the steel stocks with highest dividends?

Out of 13 steel stocks that have issued dividends in the past year, the 3 steel stocks with the highest dividend yields are:

1. National Steel Co (NYSE:SID)


National Steel Co (NYSE:SID) has an annual dividend yield of 16.76%, which is 14 percentage points higher than the steel industry average of 3.25%. National Steel Co's dividend payout is not stable, having dropped more than 10% seven times in the last 10 years. National Steel Co's dividend has shown consistent growth over the last 10 years.

National Steel Co's dividend payout ratio of -860.2% indicates that its high dividend yield might not be sustainable for the long-term.

2. Radius Recycling (NASDAQ:RDUS)


Radius Recycling (NASDAQ:RDUS) has an annual dividend yield of 5.89%, which is 3 percentage points higher than the steel industry average of 3.25%. Radius Recycling's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Radius Recycling's dividend has not shown consistent growth over the last 10 years.

Radius Recycling's dividend payout ratio of -7.5% indicates that its high dividend yield might not be sustainable for the long-term.

3. Gerdau Sa (NYSE:GGB)


Gerdau Sa (NYSE:GGB) has an annual dividend yield of 5.16%, which is 2 percentage points higher than the steel industry average of 3.25%. Gerdau Sa's dividend payout is not stable, having dropped more than 10% fifteen times in the last 10 years. Gerdau Sa's dividend has shown consistent growth over the last 10 years.

Gerdau Sa's dividend payout ratio of 35.7% indicates that its high dividend yield is sustainable for the long-term.

Why are steel stocks up?

Steel stocks were up 0.67% in the last day, and up 5.97% over the last week. Reliance was the among the top gainers in the steel industry, gaining 1.33% yesterday.

Shares of stocks in the broader metals and mining sector are trading higher in possible sympathy with Rio Tinto and Glencore who announced discussions regarding a potential merger, the largest in mining industry history.

What are the most undervalued steel stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued steel stocks right now are:

1. Steel Dynamics (NASDAQ:STLD)


Steel Dynamics (NASDAQ:STLD) is the most undervalued steel stock based on WallStreetZen's Valuation Score. Steel Dynamics has a valuation score of 57, which is 30 points higher than the steel industry average of 27. It passed 4 out of 7 valuation due diligence checks.

Steel Dynamics's stock has gained 12% in the past year. It has overperformed other stocks in the steel industry by 22 percentage points.

2. Olympic Steel (NASDAQ:ZEUS)


Olympic Steel (NASDAQ:ZEUS) is the second most undervalued steel stock based on WallStreetZen's Valuation Score. Olympic Steel has a valuation score of 57, which is 30 points higher than the steel industry average of 27. It passed 4 out of 7 valuation due diligence checks.

Olympic Steel's stock has dropped -46.75% in the past year. It has underperformed other stocks in the steel industry by -37 percentage points.

3. Mesabi Trust (NYSE:MSB)


Mesabi Trust (NYSE:MSB) is the third most undervalued steel stock based on WallStreetZen's Valuation Score. Mesabi Trust has a valuation score of 57, which is 30 points higher than the steel industry average of 27. It passed 4 out of 7 valuation due diligence checks.

Mesabi Trust's stock has gained 39.04% in the past year. It has overperformed other stocks in the steel industry by 49 percentage points.

Are steel stocks a good buy now?

55.56% of steel stocks rated by analysts are a buy right now. On average, analysts expect steel stocks to rise by 18.6% over the next year.

What is the average p/e ratio of the steel industry?

The average P/E ratio of the steel industry is 14.09x.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.