Best Steel Stocks to Buy Now (2023)Top steel stocks in 2023 ranked by overall Zen 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 | Consensus | Analysts | Fore. Revenue Growth | Fore. Earnings Growth | Forecast ROE | Forecast ROA |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| GGB | GERDAU SA | $8.15B | $4.87 | N/A | N/A | N/A | N/A | N/A | N/A | 14.47% | 9.04% | |
| SID | NATIONAL STEEL CO | $3.17B | $2.39 | $2.30 | -3.77% | Sell | 1 | -11.11% | 274.47% | 36.60% | 8.36% | |
| RS | RELIANCE STEEL & ALUMINUM CO | $15.46B | $264.09 | $300.00 | 13.60% | Strong Buy | 1 | -5.09% | -9.78% | 16.22% | 11.83% | |
| STLD | STEEL DYNAMICS INC | $17.29B | $104.39 | $111.50 | 6.81% | Hold | 6 | -10.10% | -28.93% | 14.55% | 8.71% | |
| CMC | COMMERCIAL METALS CO | $5.92B | $50.67 | $60.33 | 19.07% | Strong Buy | 3 | -8.40% | -34.07% | 15.67% | 9.67% | |
| NUE | NUCOR CORP | $38.61B | $155.25 | $170.20 | 9.63% | Hold | 5 | -3.74% | -24.58% | N/A | N/A | |
| ASTL | ALGOMA STEEL GROUP INC | $717.73M | $6.93 | $14.25 | 105.63% | Strong Buy | 1 | 5.78% | 23.52% | N/A | N/A | |
| FRD | FRIEDMAN INDUSTRIES INC | $98.31M | $13.33 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |
| HLP | HONGLI GROUP INC | $18.25M | $1.46 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |
| SIM | GRUPO SIMEC SAB DE CV | $5.23B | $34.00 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |
| HUDI | HUADI INTERNATIONAL GROUP CO LTD | $51.26M | $3.60 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |
| CLF | CLEVELAND-CLIFFS INC | $7.56B | $14.87 | $22.00 | 47.95% | Strong Buy | 5 | -7.95% | 558.70% | 17.34% | 7.39% | |
| X | UNITED STATES STEEL CORP | $7.15B | $32.05 | $23.39 | -27.01% | Sell | 6 | -6.01% | -22.90% | N/A | N/A | |
| ZKIN | ZK INTERNATIONAL GROUP CO LTD | $22.49M | $0.74 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |
| ZEUS | OLYMPIC STEEL INC | $589.69M | $52.97 | N/A | N/A | N/A | N/A | N/A | N/A | 3.72% | 1.98% | |
| RDUS | RADIUS RECYCLING | $763.71M | $27.76 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |
| MT | ARCELORMITTAL | $19.65B | $24.40 | N/A | N/A | N/A | N/A | -23.88% | N/A | 8.48% | 4.77% | |
| TMST | TIMKENSTEEL CORP | $936.02M | $21.54 | N/A | N/A | N/A | N/A | 10.78% | N/A | 12.21% | 7.57% | |
| ACNT | ASCENT INDUSTRIES CO | $87.70M | $8.63 | $20.00 | 131.75% | Strong Buy | 1 | N/A | N/A | N/A | N/A | |
| USAP | UNIVERSAL STAINLESS & ALLOY PRODUCTS INC | $110.14M | $12.12 | $17.00 | 40.26% | Strong Buy | 1 | N/A | N/A | 2.27% | 1.41% | |
| MSB | MESABI TRUST | $270.01M | $20.58 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |
| PKX | POSCO HOLDINGS INC | $30.90B | $101.84 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
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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.