Zacks Highlights Four Steel Stocks as Prices Surge Above $1,100 Per Ton

Industry
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Summary · why it matters

The Zacks Steel Producers industry is gaining on higher steel prices, with hot-rolled coil surging above $1,100 per short ton, and four stocks are in focus. Nucor, Ternium, L.B. Foster, and Gerdau are set to benefit from the upturn, according to Zacks Investment Research. Nucor, Ternium, and L.B. Foster each carry a Zacks Rank #1, or Strong Buy, while Gerdau holds a Zacks Rank #2, or Buy. The industry has returned 97.3% over the past year, outperforming the S&P 500's 29.9% gain and the broader Basic Materials sector's 39.4% increase. The recovery in steel prices, which began in the fourth quarter of 2025 and continued into the first quarter of 2026, is being driven by tightened supply, reduced imports due to tariffs, and higher end-market demand.

Impact on stocks 4

Critical Materials & Supply Chain▲ · 2 stocks
Nucor Corp
NUE
▲ PositivePricingrelevance

Steel prices surging above $1,100 per ton benefit Nucor as a steel producer.

Industrials▲ · 1 stocks
LB Foster Company
FSTR
▲ PositivePricingrelevance

Steel prices surging above $1,100 per ton benefit L.B. Foster as a steel producer.

Materials▲ · 1 stocks

Theme Impact 1

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