Zacks Highlights Nucor, Ternium, Gerdau, and L.B. Foster as Steel Prices Surge

Industry
โดย Zacks Investment Research·Read original
Summary · why it matters

Zacks Equity Research identifies Nucor, Ternium, Gerdau, and L.B. Foster as steel producers poised to benefit from rising steel prices and steady demand in key markets. U.S. hot-rolled coil prices have surged above $1,100 per short ton, driven by tightened supply, plant outages, and reduced imports, while global prices also rise on China's output cuts and higher raw material costs. The non-residential construction market remains strong, and automotive demand is recovering, aided by electric vehicle adoption and improving affordability. Nucor, Ternium, and L.B. Foster each carry a Zacks Rank #1, with expected 2026 earnings growth of 103.8%, 118%, and 152.2% respectively, while Gerdau holds a Zacks Rank #2 with expected growth of 89.7%. The Zacks Steel Producers industry has gained 97.3% over the past year, outperforming the S&P 500's 29.9% rise.

Impact on stocks 4

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

Nucor is highlighted as a steel producer poised to benefit from surging steel prices and strong demand in key markets.

Industrials▲ · 1 stocks
LB Foster Company
FSTR
▲ PositiveDemandrelevance

Rising steel prices and steady demand in non-residential construction and automotive markets benefit L.B. Foster as a steel producer.

Materials▲ · 1 stocks

Theme Impact 1

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