US Steel Stocks: Leading US Steel Companies in 2026
The United States is the world's fourth-largest steel producer, generating approximately 80 mn metric tons of crude steel annually. The global steel market is valued at over $900 bn, with the World Steel Association projecting demand of approximately 1.85 bn metric tons in 2026, supported by infrastructure construction, automotive production, energy transition and data centre development. Here, we will cover a list of steel stocks along with key financial metrics, including market cap, past returns, and more.
US Steel Stocks - List of US Steel Stocks 2026
Showing 1 - 20 of 21 results
last updated at 8:30 AM IST
| NameUS Stocks (21)↓ | ↓Sub-SectorSub-Sector↓ | ↓Market CapMarket Cap↓ | ↓Close PriceClose Price↓ | ↓PE Ratio (TTM)PE Ratio (TTM)↓ | ↓1M Return1M Return↓ | ↓1D Return1D Return↓ | ↓Return on EquityReturn on Equity↓ | ↓PB RatioPB Ratio↓ | ||
|---|---|---|---|---|---|---|---|---|---|---|
| 1. | Nucor CorpNUE | SteelSteel | 54,723.8754,723.87 | 265.14265.14 | 20.3320.33 | -2.77-2.77 | 1.721.72 | 14.5514.55 | 2.612.61 | |
| 2. | ArcelorMittal SA ADRMT | SteelSteel | 51,351.6951,351.69 | 75.1875.18 | 30.5430.54 | 1.871.87 | 2.672.67 | 3.283.28 | 1.001.00 | |
| 3. | Steel Dynamics IncSTLD | SteelSteel | 36,123.8636,123.86 | 245.35245.35 | 21.3021.30 | -4.96-4.96 | 3.013.01 | 17.5717.57 | 3.573.57 | |
| 4. | POSCO Holdings IncPKX | SteelSteel | 21,403.7121,403.71 | 60.0960.09 | 17.5617.56 | 1.731.73 | 1.531.53 | 2.212.21 | 0.420.42 | |
| 5. | Reliance Steel & Aluminum CoRS | SteelSteel | 19,209.5619,209.56 | 400.56400.56 | 22.3222.32 | -6.42-6.42 | 1.641.64 | 12.2312.23 | 2.652.65 | |
| 6. | Ternium SA ADRTX | SteelSteel | 9,589.639,589.63 | 58.0958.09 | 15.5615.56 | 6.886.88 | 1.851.85 | 4.434.43 | 0.890.89 | |
| 7. | Gerdau SA ADRGGB | SteelSteel | 9,187.449,187.44 | 4.994.99 | 22.0022.00 | 3.963.96 | 2.102.10 | 4.184.18 | 0.910.91 | |
| 8. | Cleveland-Cliffs IncCLF | SteelSteel | 6,833.576,833.57 | 12.1512.15 | -- | -1.30-1.30 | 5.075.07 | -13.86-13.86 | 1.191.19 | |
| 9. | Grupo Simec SAB de CV ADRSIM | SteelSteel | 4,605.284,605.28 | 27.5027.50 | 20.3120.31 | -9.84-9.84 | 4.704.70 | 5.815.81 | 1.121.12 | |
| 10. | Worthington Steel IncWS | SteelSteel | 2,097.292,097.29 | 33.7633.76 | 190.94190.94 | -10.85-10.85 | 1.341.34 | -1.05-1.05 | 1.551.55 | |
| 11. | Companhia Siderurgica Nacional ADRSID | SteelSteel | 1,741.981,741.98 | 1.181.18 | -- | 31.1031.10 | -2.07-2.07 | -12.29-12.29 | 0.660.66 | |
| 12. | NWPX Infrastructure, Inc.NWPX | SteelSteel | 1,132.251,132.25 | 103.03103.03 | 20.2820.28 | -11.97-11.97 | 0.700.70 | 12.2212.22 | 2.312.31 | |
| 13. | Metallus, IncMTUS | SteelSteel | 811.33811.33 | 19.3919.39 | 100.63100.63 | -11.98-11.98 | 0.620.62 | 1.171.17 | 1.141.14 | |
| 14. | Algoma Steel Group IncASTL | SteelSteel | 517.99517.99 | 4.244.24 | -- | 1.921.92 | 4.134.13 | -139.13-139.13 | 2.102.10 | |
| 15. | Mesabi TrustMSB | SteelSteel | 346.37346.37 | 19.9119.91 | 42.7942.79 | -13.92-13.92 | 0.460.46 | 32.1332.13 | 15.7915.79 | |
| 16. | Friedman Industries Inc. Common StockFRD | SteelSteel | 162.87162.87 | 41.7841.78 | 10.8210.82 | -13.10-13.10 | 2.762.76 | 18.1118.11 | 1.821.82 | |
| 17. | Luda Technology Group LimitedLUD | SteelSteel | 97.5797.57 | 4.314.31 | 141.50141.50 | -2.05-2.05 | 2.142.14 | 3.193.19 | 4.344.34 | |
| 18. | ZK International Group Co LtdZKIN | SteelSteel | 78.5278.52 | 1.101.10 | -- | 7.847.84 | -2.43-2.43 | -48.31-48.31 | 1.171.17 | |
| 19. | Hongli Group Inc. Ordinary SharesHLP | SteelSteel | 32.9032.90 | 2.072.07 | 45.5045.50 | 69.6769.67 | -3.38-3.38 | 3.493.49 | 1.931.93 | |
| 20. | Huadi International Group Co LtdHUDI | SteelSteel | 16.3016.30 | 0.790.79 | -- | -16.53-16.53 | -0.13-0.13 | -3.47-3.47 | 0.140.14 |
Disclaimer: Please note that the above table is for informational purposes only and is not recommendatory. Please do your own research or consult your financial advisor before investing. The data is derived from Tickertape US Stock Screener and is subject to real-time updates.
Overview of the Best Steel Sector Stocks in US
Nucor Corp
Established in 1955, Nucor is one of the largest steel producers in the US and operates primarily through electric arc furnaces (EAFs). The company manufactures steel products including sheet, bar, structural steel and steel joists, serving construction, automotive, energy and industrial markets.
ArcelorMittal SA ADR
Established in 2006 through the merger of Arcelor and Mittal Steel, ArcelorMittal is one of the world’s largest integrated steel producers. It manufactures flat and long steel products used across automotive, construction, infrastructure and industrial applications, with operations across multiple countries.
Steel Dynamics Inc
Established in 1993, Steel Dynamics is a major US steel producer focused on electric arc furnace steelmaking. The company produces flat rolled steel, long products, recycled aluminium and steel fabrication products for automotive, construction and manufacturing sectors.
POSCO Holdings Inc
Established in 1968, POSCO Holdings is a South Korean industrial group with a strong presence in steel production through POSCO. It produces high-quality steel products for automotive, shipbuilding, construction and energy industries, while also expanding into lithium, battery materials and renewable energy businesses.
Reliance Steel & Aluminum Co
Established in 1939, Reliance Steel & Aluminum is one of the largest metal service centre companies in North America. It distributes and processes steel, aluminium, stainless steel and other metals, supplying industries such as aerospace, automotive, construction and manufacturing.
What are US Steel Stocks?
US steel stocks are shares of companies involved in producing, processing and distributing steel products used across construction, automotive, infrastructure, energy and industrial sectors. The segment includes integrated steel producers, electric arc furnace manufacturers, steel service centres and companies supplying specialised steel products for various end-use industries.
Types of Steel Companies in the US
- Electric Arc Furnace Producers: Electric Arc Furnace (EAF) producers use recycled scrap steel to manufacture new steel. This model requires less capital and has lower emissions compared with traditional blast furnaces. Companies such as Nucor and Steel Dynamics are among the largest US EAF producers.
- Integrated Steel Producers: Integrated steelmakers produce steel using iron ore, coking coal and blast furnaces. This process involves higher capital requirements and greater exposure to raw material costs. Companies such as ArcelorMittal operate integrated steel facilities across global markets.
- Steel Distributors: Steel distributors purchase steel from manufacturers, process it based on customer requirements and supply it to industries such as construction, manufacturing and energy. Companies like Reliance Steel & Aluminium earn revenue through processing and distribution services.
- International Steel Companies: Some global steel producers are listed on US exchanges through American Depositary Receipts (ADRs). Companies such as ArcelorMittal and POSCO Holdings provide US investors exposure to international steel markets along with domestic steel trends.
How to Evaluate and Invest in US Steel Stocks?
Here is how to invest in US steel stocks from India, step by step:
- Log in or Create an Account: Visit Tickertape US Stocks and log in to your account. Create an account if you have not registered yet and complete the US investing account-opening process.
- Search for Steel Stocks: Use the Tickertape US Stock Screener and select 'Steel' under the sector filter to view US-listed steel companies.
- Analyse the Stocks: Each stock page provides information such as the live market price, 52-week range, financial performance, peer comparison and recent news.
- Add Money to Your US Wallet: Connect an eligible bank account and transfer money to your US Wallet under the Liberalised Remittance Scheme.
- Place Your Order: Select the steel stock you want to invest in and click on 'Buy' to place the order through Tickertape.
Taxation of US Steel Stocks for Indian Investors
Investing in US steel stocks may involve taxes on capital gains and dividends in India, along with US withholding tax on dividends. Below is a breakdown of the applicable tax treatment.
| Income | Holding Period / Condition | Tax Rate in the US | Tax Rate in India |
|---|---|---|---|
| Long-Term Capital Gains (LTCG) | Held for > 24 months | 0% (Taxed only in India under DTAA) | 12.5% (+ applicable surcharge & cess) |
| Short-Term Capital Gains (STCG) | Held for < 24 months | 0% (Taxed only in India under DTAA) | Taxed as per your applicable income slab rate |
Advantages of Investing in US Steel Stocks
Tariff Protection
US steel producers benefit from Section 232 tariffs, which were increased to 50% in June 2026. The policy has reduced import competition and supported domestic steel pricing, benefiting producers focused on the US market.
Infrastructure Demand
Steel remains a key material for bridges, roads, pipelines, buildings and power infrastructure. The US Infrastructure Investment and Jobs Act created a multi-year spending pipeline, supporting demand for domestically produced steel.
AI and Energy Infrastructure
The growth of AI data centres, renewable energy projects and grid infrastructure is creating new sources of steel demand. Data centres require structural steel, while wind turbines, transmission networks and energy projects are steel-intensive.
EV Supply Chain Exposure
Some steel companies are expanding beyond traditional steel production. POSCO Holdings, for example, has entered the battery materials space, including lithium processing and cathode production, providing exposure to the growing EV supply chain.
Dollar Exposure
For Indian investors, US steel stocks provide exposure to dollar-denominated assets. Changes in the USD/INR exchange rate can impact rupee returns along with movements in the underlying stock price.
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Risks of Investing in US Steel Stocks
Cyclical Demand
Steel demand depends heavily on construction, automotive production and industrial activity. Economic slowdowns can reduce consumption, lower steel prices and pressure producer margins.
Steel Price Volatility
Hot-rolled coil prices are a key driver of steel company earnings. Falling steel prices can reduce revenue and margins, even if production levels remain stable.
Policy Uncertainty
Steel tariffs and trade policies can change based on government decisions. Any reduction in import protection could increase competition from overseas producers and affect domestic companies.
Raw Material Costs
Steel producers face fluctuations in scrap steel, iron ore, coal and energy prices. Rising input costs can reduce profitability if companies are unable to pass higher costs to customers.
Global Oversupply
Global steel capacity exceeds demand, with China accounting for more than half of global steel production. Higher exports from surplus-producing countries can put pressure on global steel prices.
Factors to Consider Before Investing in US Steel Stocks
Hot-Rolled Coil Prices
Hot-rolled coil (HRC) prices are a key earnings driver for US steel producers, especially flat-rolled steel companies. Higher HRC prices improve revenue per tonne and operating margins, while price declines can quickly pressure profitability due to high fixed costs.
Capacity Utilisation
Steel capacity utilisation indicates the balance between demand and available production capacity. US steel utilisation has remained around the 75–80% range, with higher utilisation generally supporting pricing power and better mill profitability.
Scrap Steel Costs
Electric arc furnace (EAF) producers such as Nucor and Steel Dynamics rely heavily on scrap steel as their primary raw material. Changes in scrap prices directly impact production costs and can influence profit margins.
Infrastructure and Construction Activity
Construction is one of the largest steel-consuming sectors in the US. Spending on roads, bridges, commercial buildings, power infrastructure and data centres can influence steel demand and order volumes for domestic producers.
Automotive Production
Automotive manufacturers are major buyers of flat-rolled and advanced high-strength steel. Changes in vehicle production, EV adoption and supply chain activity can affect demand for different steel grades.
Trade Policies and Imports
US steel stocks are highly sensitive to tariff changes, import restrictions and trade agreements. Section 232 tariffs have reduced import competition, while any future changes could affect domestic pricing and producer margins.
Key Growth Drivers for US Steel Stocks
Infrastructure Spending
The US infrastructure push remains a key demand driver for steel. The Infrastructure Investment and Jobs Act allocated $1.2 tn in total funding, including $550 bn in new spending, supporting demand for steel used in roads, bridges, railways and power infrastructure.
AI Data Centre Expansion
The AI boom is creating a new source of steel demand through data centre construction. These facilities require structural steel, power infrastructure and cooling systems. US data centre construction spending is expected to grow further in 2026 as companies expand AI infrastructure.
Manufacturing Reshoring
The shift towards domestic manufacturing is supporting steel demand across semiconductors, automotive, aerospace and industrial sectors. New factories and production facilities require steel for buildings, machinery and infrastructure, adding to long-term domestic consumption.
Energy Infrastructure Build-Out
Steel demand is expected to benefit from investments in renewable energy, power grids and electrification. Wind turbines, transmission networks, pipelines and energy facilities require large volumes of structural and speciality steel. US utilities have announced significant capital spending plans to expand power infrastructure, partly driven by rising electricity demand from AI and industrial growth.
Domestic Steel Protection
Higher import restrictions and tariffs have supported domestic steel producers by reducing competition from cheaper imports. The OECD noted that US steel demand is expected to grow modestly in 2026, supported by public infrastructure spending, industrial policy and tighter import conditions
How to Track US Steel Stocks From India on Tickertape?
You can track US steel stocks and ETFs from India on Tickertape’s US Stocks & ETFs platform.
- Open US Stocks Screener: Visit the Tickertape US Stock Screener and explore steel-related companies listed on US exchanges.
- Search Steel Stocks: Search for “Steel” under the sector and select it to explore companies operating in the steel industry.
- Apply Filters: Compare companies using 200+ parameters, including market capitalisation, valuation ratios, profitability metrics, growth indicators and financial health measures.
- Analyse Company Metrics: Review individual stock pages to understand financial performance, revenue trends, margins, debt levels, price movements and other available insights.
- Create a Watchlist: Add selected steel stocks to your watchlist to track price updates, company developments and performance changes from India.
Conclusion
US steel stocks cover companies involved in steel manufacturing, processing and distribution across industries such as construction, automotive, energy and infrastructure. Company performance may vary based on steel prices, raw material and energy costs, capacity utilisation, import tariffs and broader industrial demand. Investors can use the Tickertape US Stock Screener to assess steel companies through 60+ unique filters and custom filters across valuation, profitability, growth, financial health and other key metrics.
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Frequently Asked Questions on US Steel Stocks
What are US steel stocks?
US steel stocks are shares of companies listed on US exchanges that are involved in producing, processing or distributing steel and related metals. This includes electric arc furnace mini-mill operators, integrated blast furnace producers, metals service centres and international steelmakers listed as American Depositary Receipts.Who are the top steel companies listed on US exchanges?
As of 27th July 2026, the top steel companies available to track and invest in via Tickertape include:Disclaimer: This information is for educational purposes only and does not constitute investment advice. Investors should conduct their own research or consult a financial advisor before investing.
What is the outlook for US steel stocks in 2026?
The 2026 outlook for US steel stocks has been shaped by the doubling of Section 232 tariffs to 50% in June 2026, which materially improved the competitive position of domestic producers. Infrastructure spending from the US Infrastructure Investment and Jobs Act, continued construction of data centres and AI facilities, and reshoring-linked manufacturing investment are providing multi-year demand support. However, stock performance may vary based on HRC price trends, global overcapacity, company-specific execution and changes in trade policy.Disclaimer: This information is for educational purposes only and does not constitute investment advice. Investors should conduct their own research or consult a financial advisor before investing.
Are US steel stocks considered risky for Indian investors?
Indian investors face currency risk from rupee-dollar fluctuations, sector-specific risks including demand cyclicality, HRC price volatility and geopolitical exposure, and an additional compliance layer under the Liberalised Remittance Scheme. Steel stocks can be volatile and are sensitive to macroeconomic conditions, trade policy and commodity prices. Regulatory changes in either the US or India can also affect returns and tax treatment.What is the difference between individual US steel stocks and steel-focused ETFs?
Individual steel stocks provide exposure to a specific company's revenue, margins and capital allocation decisions, while steel ETFs invest in a basket of companies across producers, service centres and related businesses. ETFs offer broader sector exposure with lower company-specific risk, while individual stocks may reflect more concentrated upside or downside from company-level developments such as capacity expansion, tariff exposure or product mix.How can I compare US steel stocks on Tickertape?
Investors can use the Tickertape US Stock Screener to filter steel companies by sector and financial metrics, and then use the peer comparison section on individual stock pages to compare fundamentals such as revenue growth, margins, valuation multiples and dividend yield across companies.What metrics are commonly used to evaluate US steel stocks?
Common metrics include revenue per tonne of steel shipped, EBITDA margin, EV/EBITDA ratio, price-to-book value, net debt to EBITDA, free cash flow yield, capacity utilisation rate, hot-rolled coil price realisation, and the spread between selling price and raw material input cost (steel spread). For service centre companies such as Reliance Steel, gross margin per tonne and inventory turn rate are also relevant.Disclaimer: This information is for educational purposes only and does not constitute investment advice. Investors should conduct their own research or consult a financial advisor before investing.
Can beginners invest in US steel stocks?
Beginners can invest in US steel stocks through Tickertape, with fractional investing available from a minimum order of $10. The sector can be volatile and sensitive to commodity price cycles, macroeconomic conditions and trade policy, so understanding these dynamics is useful before investing. Steel ETFs may offer a more diversified introduction to the sector than individual company positions.Disclaimer: This information is for educational purposes only and does not constitute investment advice. Investors should conduct their own research or consult a financial advisor before investing.
How to invest in US steel stocks from India?
Indian investors can invest in US steel stocks through Tickertape. After opening a US investing account and completing KYC, investors can link an eligible bank account and transfer funds to their US Wallet under the Liberalised Remittance Scheme. They can then use the Tickertape US Stock Screener to find steel companies, review their financials, peers and recent news, and place a buy order for the selected stock.What are the advantages of investing in US steel stocks?
US steel stocks provide exposure to a tariff-protected domestic market, infrastructure and construction demand, energy transition build-out and AI data centre construction. The doubling of Section 232 tariffs in June 2026 has strengthened the domestic pricing environment, while companies like POSCO offer additional exposure to EV battery materials alongside traditional steel production.Disclaimer: This information is for educational purposes only and does not constitute investment advice. Investors should conduct their own research or consult a financial advisor before investing.
Do US steel stocks pay dividends?
Several US-listed steel companies pay dividends. You can use the Tickertape US Stock Screener to view the current dividend yield of individual steel stocks.Disclaimer: This information is for educational purposes only and does not constitute investment advice. Investors should conduct their own research or consult a financial advisor before investing.
