NUE, MT and PKX are the largest stocks by Market Cap.

Last year, steel prices hit their highest point in over a decade, and they remain relatively elevated even in 2022 as commodities prices continue to be kept aloft by various pressures throughout the markets. 

This price action might have many wondering if it’s a good time to invest in steel and businesses that deal with it in any capacity, as the commodities markets remain hot. If that’s you, it might be worth exploring some of the top companies in the steel industry. 

Who are they? Here’s the top 10 stocks by market cap in the steel sector. 

Top Stocks By Market Cap
# Top Steel Stocks by Market Cap Front Score
1 Nucor (NUE) 28.27B 603
2 ARCELORMITTAL (MT) 25.13B 564
3 Posco (PKX) 18.33B 493
4 Steel Dynamics (STLD) 12.61B 625
5 Reliance Steel & Aluminium (RS) 10.59B 608
6 Ternium Sa (TX) 7.34B 647
7 Gerdau Sa (GGB) 6.91B 559
8 United States Steel (X) 4.83B 570
9 Commercial Metals (CMC) 4.13B 614
10 Companhia Siderurgica Nacional Csn (SID) 3.55B 597
See Top Oil and Gas Stocks by Market Cap.

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