The Top Steel Stocks to Buy on the NYSE

PUBLISHED Jan 15, 2025, 10:15:29 AM        SHARE

img
imgStockTeamUp Ideas

The Top Steel Stocks to Buy on the NYSE

When it comes to making solid investments, steel industry stocks have become a hotspot for new investors. In this guide, we’ll uncover the top steel stocks to buy on the New York Stock Exchange (NYSE). From well-established giants to promising up-and-comers, these picks promise long-term growth and stability. Discover how investing in steel can strengthen your portfolio in an ever-evolving market. Don't miss out on these steel titans reshaping the industrial landscape!

Read More: The Top Material Stocks

1. ArcelorMittal (MT) - Luxembourg

ArcelorMittal is the world's second-largest steel and mining company. It produces a wide range of steel products used in various industries, including construction, automotive, and manufacturing.

ArcelorMittal is expected to maintain its momentum in 2025, leveraging the growing demand for steel in key markets such as construction, automotive, and industrial manufacturing. The company's innovation and commitment to sustainability initiatives, including the production of green steel, will likely enhance its competitive position. Strategic investments in advanced high-strength steel and expansion through acquisitions and partnerships are anticipated to drive continued growth and market share gains. ArcelorMittal's focus on operational efficiency and cost management, coupled with a recovery in global steel prices, is expected to boost profitability. The company’s efforts in research and development to bring new, value-added steel products to market will further solidify its leadership in the industry. Overall, ArcelorMittal's robust strategy positions it well for sustained success in 2025 and beyond.

2. ATI Inc. (ATI) - United States

ATI is a leading global manufacturer of specialty materials, including titanium and nickel alloys. These materials are used in critical applications such as aerospace, defense, and energy.

ATI Inc. is poised for a strong performance in 2025, driven by the burgeoning demand in the aerospace, defense, and energy sectors. The company's expertise in high-performance materials and its continuous innovation will enable it to capture significant market opportunities. Expanding its product portfolio and optimizing manufacturing processes will be critical in enhancing ATI’s competitive edge. The company's focus on operational efficiency and strategic initiatives will bolster its profitability. ATI's efforts to improve its cost structure and implement advanced technologies in its operations are expected to enhance its productivity and margins. As a result, ATI is well-positioned to capitalize on the increasing demand for advanced materials and maintain robust growth in 2025.

3. Carpenter Technology Corporation (CRS) - United States

Carpenter Technology is a producer of specialty alloys and engineered components. Their products are used in demanding applications like aerospace, energy, and medical devices.

Carpenter Technology Corporation is forecasted to achieve solid growth in 2025, benefiting from strong demand in the aerospace and defense sectors. The company’s continued investment in productivity enhancements and product mix optimization will support its profitability and operational efficiency. Carpenter Technology’s focus on delivering high-performance alloys and specialized solutions will keep it ahead of market trends. The company is expected to leverage its core strengths in innovation and quality to meet the evolving needs of its customers. With a strategic emphasis on expanding its capabilities and market reach, Carpenter Technology is well-positioned to drive sustained growth and enhance its market presence in 2025 and beyond.

4. Commercial Metals Company (CMC) - United States

CMC is a leading recycler and processor of ferrous scrap metals. They also manufacture and distribute steel products, primarily for the construction industry.

Commercial Metals Company is well-positioned for growth in 2025, driven by robust demand for steel products in construction and infrastructure projects. Their innovative approach to sustainability, including the introduction of their carbon-neutral steel line, has set them apart in the industry. With a strategic focus on recycling and energy efficiency, CMC is expected to maintain strong operational performance, benefiting from both domestic and international market opportunities.

In addition to their sustainability efforts, Commercial Metals Company is committed to expanding their product offerings, particularly in the rebar and merchant bar segments. Their investments in advanced manufacturing techniques and automation will likely enhance productivity and reduce costs, ensuring competitive pricing and high-quality output for their customers. CMC's extensive network of recycling and fabrication facilities supports a resilient supply chain, further strengthening their market position.

5. Companhia Siderurgica Nacional S.A. (SID) - Brazil

CSN is a major Brazilian steelmaker with operations in various segments, including steel production, mining, logistics, and energy.

Companhia Siderurgica Nacional (CSN) is anticipated to have a positive year in 2025, owing to their diversified business model, which spans steel production, mining, logistics, energy, and cement. CSN's integrated operations provide them with a significant competitive advantage, allowing them to control costs and optimize resource allocation. Their focus on operational efficiency and expanding their footprint in international markets will support sustained growth. CSN's strategic initiatives in sustainability and innovation, including their commitment to reducing carbon emissions and developing green steel products, are expected to strengthen their market position. Partnerships and collaborations with global industry leaders in energy and mining will likely drive new growth opportunities. Overall, CSN's comprehensive approach to business and sustainable practices will help them navigate global market challenges and maintain a robust growth trajectory.

6. Friedman Industries Incorporated (FRD) - United States

Friedman Industries is a leading provider of steel pipe and related services, primarily serving the energy and infrastructure markets.

Friedman Industries is poised for growth in 2025, with a strong focus on expanding their capabilities in steel processing and distribution. The company's expertise in flat roll and tubular products ensures that they can meet diverse market demands. By investing in advanced manufacturing technologies and enhancing their distribution network, Friedman Industries aims to improve efficiency and customer satisfaction. The company's commitment to delivering high-quality products and maintaining competitive pricing will be crucial in capturing market share. Friedman Industries' strategic initiatives to optimize their product mix and expand their reach into new markets will support sustained growth. Their focus on operational excellence and customer-centric approach will further bolster their position in the steel industry.

7. Gerdau S.A. (GGB) - Brazil

Gerdau is a global steel producer with a focus on long steel products. They serve a diverse range of customers, including construction, industrial, and agricultural sectors.

Gerdau S.A. is expected to have a promising year in 2025, driven by strong demand for steel products across various sectors, including construction, automotive, and industrial manufacturing. The company's focus on sustainability and innovation, such as their efforts in green steel production and recycling, will enhance their competitive edge. Gerdau's strategic investments in advanced technologies and expansion in key markets will support continued growth. Gerdau's commitment to operational efficiency and cost management will likely result in improved profitability. Their extensive product portfolio, which includes long steel, flat steel, and special steel products, positions them well to meet diverse customer needs. Gerdau's efforts to strengthen their supply chain and distribution network will further solidify their market presence and drive sustained success in 2025.

8. Grupo Simec S.A.B. de C.V. (SIM) - Mexico

Grupo Simec is a leading producer of steel products in Mexico. They focus on flat-rolled steel products for various industrial applications.

Grupo Simec is expected to perform well in 2025, with a focus on expanding their production capabilities and market reach. The company's expertise in manufacturing special bar quality (SBQ) steel and alloy products positions them favorably in the automotive, construction, and industrial sectors. By investing in advanced manufacturing processes and optimizing their product mix, Grupo Simec aims to enhance efficiency and meet evolving customer demands. Strategic initiatives to enhance sustainability and innovation will likely bolster Grupo Simec's competitive position. Their commitment to reducing emissions and developing new steel products that meet environmental standards will help them capture new market opportunities. Grupo Simec's focus on operational excellence and customer satisfaction will support sustained growth and market leadership in 2025 and beyond.

9. Insteel Industries Inc. (IIIN) - United States

Insteel Industries

Insteel Industries manufactures and sells steel wire and wire products, primarily for the concrete reinforcement market.

Insteel Industries is projected to have a strong year in 2025, driven by robust demand for their steel wire reinforcing products used in concrete construction applications. The company's focus on innovation and quality ensures that they can meet the needs of various sectors, including infrastructure, residential, and commercial construction. By investing in advanced manufacturing technologies and expanding their product portfolio, Insteel aims to enhance efficiency and capture new market opportunities.

Insteel's commitment to sustainability and operational excellence will likely support their growth and customer satisfaction. Their strategic initiatives to optimize their manufacturing processes and expand their distribution network will strengthen their market position9. Overall, Insteel Industries is well-positioned to capitalize on the growing demand for steel reinforcing products in 2025.

10. Metallus Inc. (MTUS) - United States

Metallus is a leading provider of steel and metal fabrication services, serving a wide range of industries.

Metallus Inc. is expected to see significant growth in 2025, driven by their focus on high-quality specialty metals and precision steel components. The company's expertise in manufacturing alloy steel, carbon steel, and micro-alloy products positions them favorably in various sectors, including automotive, energy, and aerospace. Metallus' strategic investments in advanced manufacturing technologies and supply chain optimization will support sustained growth and improved efficiency.

The company's commitment to innovation and sustainability, including the development of environmentally friendly products and processes, will enhance their competitive edge. Metallus' efforts to expand their product offerings and market reach will likely drive new growth opportunities. Overall, the company's robust strategy and focus on excellence position them well for success in 2025 and beyond.

11. Nucor Corporation (NUE) - United States

Nucor is the largest steel producer in the United States. They produce a diverse range of steel products, including sheet steel, steel beams, and wire products.

Nucor is expected to benefit from continued infrastructure investments and potential growth in domestic steel demand. The company's focus on innovation and operational efficiency, such as its electric arc furnace technology, positions it well to capitalize on evolving market dynamics. However, challenges such as global economic conditions, input costs, and competition from imports will continue to influence its performance.

2. POSCO Holdings Inc. (PKX) - South Korea

POSCO is a leading South Korean steelmaker and a major global supplier of steel products. They operate in various steel-related businesses, including iron ore mining and steel trading.

While it strives to maintain its position in traditional steelmaking, it is actively diversifying into areas like green energy solutions and high-value materials. This diversification strategy aims to mitigate the cyclical nature of the steel industry and position the company for long-term growth. However, challenges include global economic slowdown, increased competition from other steel producers, and the transition to a low-carbon economy.

13. SunCoke Energy Inc. (SXC) - United States

SunCoke Energy SunCoke Energy is a producer and supplier of metallurgical coke, a key ingredient in steelmaking.

The company is closely tied to the performance of the steel industry. Fluctuations in steel demand, competition from alternative energy sources, and the environmental impact of coke production are key factors that will influence the company's future. SunCoke's ability to navigate these challenges and adapt to changing market conditions will be crucial for its long-term success.

14. Tenaris S.A. (TS) - Italy

Tenaris is a leading global supplier of seamless and welded steel pipe for the energy industry, primarily for oil and gas exploration and production.

Tenaris is heavily reliant on the oil and gas sector. The company's prospects are closely linked to global energy demand, exploration and production activity, and energy prices. Tenaris' focus on high-end products, technological advancements, and expanding its global reach are key strategies to navigate the cyclical nature of the energy industry and maintain its competitive advantage.

15. Ternium S.A. (TX) - Argentina

Ternium is a leading Latin American steel producer with operations in various countries in the region. They produce a wide range of steel products for various industries. The company faces a unique set of opportunities and challenges. Economic growth and infrastructure development in the region will significantly impact its performance. However, political and economic instability in certain Latin American countries, competition from other steel producers, and fluctuations in commodity prices pose potential risks.

16. Titan International Inc. (TWI) - United States

Titan International is a global manufacturer of off-the-road tires, wheels, and undercarriage components, primarily for agricultural and earthmoving equipment. Titan is expected to benefit from steady global demand for agricultural and off-the-road equipment. The company's focus on innovation in tire technology, expanding its global reach, and developing new product lines are crucial for maintaining its competitive edge in a dynamic market.

17. United States Steel Corporation (X) - United States

Nippon Steel and U.S. Steel United States Steel Corporation is a major American steel producer with a long history. They produce a wide range of steel products for various industries.

Competition from both domestic and international rivals, rising input costs, and industry-wide consolidation are major headwinds. The company's ability to improve operational efficiency, reduce costs, and invest in new technologies, such as advanced high-strength steels, will be critical for its long-term success.

18. Worthington Steel Inc. (WS) - United States

Worthington Steel is a manufacturer and distributor of steel products, specializing in steel plate and other flat-rolled products.

Challenges include competition from larger steel producers, potential economic downturns, and fluctuations in steel prices. Focusing on niche markets, providing value-added services, and developing strong customer relationships will be key to improving its competitive position and ensuring long-term growth.

Final Thoughts

Investing in the steel sector offers a promising opportunity for new investors to capitalize on industry growth and stability. These companies are well poised to thrive in 2025, propelled by innovation, operational efficiency, and market expansion. By incorporating these steel giants into your investment portfolio, you can leverage long-term growth potential and fortify your financial future.



Sound investments
don't happen alone

Find your crew, build teams, compete in VS MODE, and identify investment trends in our evergrowing investment ecosystem. You aren't on an island anymore, and our community is here to help you make informed decisions in a complex world.

More Reads
Why Should I Invest in Steel Stocks? Key Insights for New Investors
Image

Steel stocks are a popular investment option for those looking to diversify their portfolio and benefit from the sector’s growth. This widespread demand makes it a vital part of the global economy, offering growth potential. Global consumption of steel is currently estimated at 1.9 billion tons used annually. This persistent demand supports the value and profitability of steel companies.

High-Growth Stocks to Buy: Grab’s Potential Amidst S&P 500 Predictions
Image

Grab is a Southeast Asian technology company known for its diverse range of services, including ride-hailing, food delivery, digital payments, and financial services. Through their app, users can book rides, order food, pay bills, and access various on-demand services. Grab is widely used in countries like Singapore, Indonesia, Malaysia, Thailand, and the Philippines.

Salesforce: A Cloud-Based Powerhouse for CRM Solutions
Image

Salesforce is a cloud-based software company renowned for its customer relationship management (CRM) solutions. Their platform provides tools for sales, marketing, customer service, and analytics, helping businesses manage customer interactions efficiently. Additionally, Salesforce offers a range of cloud services, including AI automation and data management solutions, focusing on innovation to build stronger customer relationships. Serving businesses of all sizes across various industries, Salesforce is a leader in its field.

S&P Global - Quality Stocks to Buy Amid High Valuations
Image

S&P Global offers financial information, analytics, and credit ratings, helping businesses, investors, and governments make informed decisions. Their services cover a broad range of sectors including finance, economics, and strategic decision-making worldwide.

$APP Building a Moat
Image

Applovin Corp is a mobile ad network, functioning as an auction house for mobile ads. Basically, they help game publishers buy and sell ads. Imagine you are creating a new mobile game and want to monetize it through ads—you would use Applovin Corp for that purpose. On the other hand, if you want to promote your game, you'd use a different part of Applovin Corp to place your ads.

Introduction to Pagsiguro (PagBank)
Image

As of December 11th, Pagsiguro's stock price has hit a support level of around **$7**. This level was previously tested back in October last year. According to technical analysis, support levels tend to attract buying interest, as investors who missed out last time will buy if the price dips again. Additionally, support levels often act as psychological barriers where the price bounces back, creating a self-fulfilling prophecy.

Analyzing Portfolio Performance: Best and Worst Performers
Image

Here's an overview of the current holdings, courtesy of SoFi, with more detailed screenshots posted on our Discord. For simplicity, we'll use custom charts here to visualize the information. Currently, seven stocks make up over half of the entire portfolio:

Unveiling the Potential of HIMS: A Super Gem in the Stock Market
Image

I still find this stock dirt cheap, especially now that we trended back towards 25 bucks. This is a stock that peaked at around 34, and I find it just as compelling as in 2024. I think we're going to have a wonderful 2025. This is my first coverage of HIMS for 2025, so let's dive in!

Unveiling Coca-Cola: The Ninth Best-Performing Stock and Its Future Prospects
Image

The best-performing Consumer Staples stock ever returned 12 million percent. That means a dollar invested would have turned into $123,000. It's the ninth best-performing stock ever. You're dying to know which stock it is, aren't you?

Investing in Micron: Timing the Cyclical Nature of the AI Boom
Image

Micron Technology stands to benefit significantly from the AI boom. The first key question to consider is whether the business has improved, and the answer is a resounding yes. For Q1 2025, Micron's revenue nearly doubled from $4.7 billion in Q1 2024 to $8.7 billion. Additionally, the company swung from a net loss of $1 billion last year to a net profit of $2 billion this quarter.

Analyzing Sofi Technologies' Business Growth and Future Prospects
Image

To gauge whether Sofi Technologies is a worthy investment at its current market capitalization of approximately $16 billion, one must analyze several key business indicators. This company shows promising growth potential, with the possibility of increasing its market cap to $50 billion.

Buffett's Investment in Sirius XM
Image

One of the latest additions to Warren Buffett's portfolio is Sirius XM (ticker symbol SIRI). Recently, Buffett increased his stake in the company by 12 million shares, bringing the total investment to over $2.8 billion, which now constitutes just over 1% of his overall portfolio. This move has generated a lot of buzz in the financial community.

Verisign: An In-Depth Look at Buffett's Investment and Its Growth Potential
Image

another stock that has captured Warren Buffett's attention is Verisign (ticker symbol VRSN). Buffett recently purchased another 234,000 shares, bringing his total investment in Verisign to over $2.5 billion, which constitutes just under 1% of his portfolio. This is a stock I personally own and highly regard.

Domino's Stock Analysis: Warren Buffett's Investment and Growth Potential
Image

Coming in at purchase number two is the renowned pizza giant, Domino's (SEC symbol DPZ). Recently, Warren Buffett purchased almost $550 million worth of Domino's stock last quarter, attracting significant attention in the financial world.

The Significance of TSM: An In-Depth Analysis of Its Performance and Role in the Tech Industry
Image

In recent years, TSM (Taiwan Semiconductor Manufacturing Company) has been a hot topic, and it's clear why. The company's stock has soared by an impressive 247% over the last five years, far outpacing the S&P 500's 90% increase during the same period. Even on a shorter scale, TSM's one-year performance has surged by 105%, highlighting its robust growth.

The AI Boom in Tech Stocks: Winners and Losers
Image

AI is revolutionizing industries, driving innovation, and transforming the stock market. This article explores the history, advancements, and benefits of AI, from generative models like ChatGPT to applications in sectors such as healthcare, finance, and transportation. In 2024, the stock market showcased clear winners like Nvidia, Microsoft, and Tesla, which capitalized on AI technologies, and losers like Intel and Snapchat, which struggled to adapt. While AI offers opportunities for efficiency, automation, and economic growth, it also brings challenges, including overvaluation fears, ethical dilemmas, and regulatory scrutiny. Looking forward, companies that balance innovation with responsible practices will define AI's sustainable impact.

Is Vertiv a BUY Even After a Massive Run?
Image

An in depth look at Vertiv (VRT)

Not a Cheap Market
Image

Stock Market Commentary

The Evolution of Holiday Shopping: Winners, Trends, and Economic Insights for 2024
Image

The 2024 holiday shopping season showcases resilience as retailers adapt to inflation's impact on consumer spending. With extended discounts and hybrid shopping models, companies like Amazon, Walmart, and Target attract value-focused buyers. This article further explores economic conditions, retail strategies (E-commerse vs brick and mortar), key players and popular gifts.

USLM Stock Soars 209% YTD: Why United States Lime & Minerals Is a Strong Buy
Image

United States Lime & Minerals (USLM) has emerged as a top-performing stock in 2024, delivering an impressive 209% YTD return. Operating in the cyclical materials industry, USLM benefits from favorable macroeconomic conditions, including lower inflation and increasing infrastructure demand. This article takes a closer look into the fundamentals and financial ratios to determine whether USLM is an attractive buying opportunity for investors.

Resources for Publishers
Resources for New Investors
Boosted with BossCoin
Financial Literacy Leaders
user_profile
Wise Intelligent
user_profile
Tom Hamilton
user_profile
Mark Robertson
user_profile
Kevin Matthews II
user_profile
Akeiva Ellis
user_profile
Brendan Dale
user_profile
Kenneth Chavis IV
user_profile
Sharita Humphrey