U.S. Materials Healthy potentially undervalued

Silgan Holdings

Market Cap: US$5.1b

Manufactures and sells rigid packaging solutions for consumer goods products in the United States and internationally.

Aspen Aerogels

Market Cap: US$286.8m

An aerogel technology company, designs, develops, manufactures, and sells aerogel materials primarily for use in the energy industrial, sustainable insulation materials, and electric vehicle (EV) markets in the United States, Canada, Asia, Europe, and Latin America.

Eastman Chemical

Market Cap: US$8.9b

Operates as a specialty materials company in the United States, China, and internationally.

Alcoa

Market Cap: US$16.4b

Engages in the bauxite mining, alumina refining, aluminum production, and energy generation business in Australia, Brazil, Canada, Iceland, Norway, Spain, the United States, and internationally.

Commercial Metals

Market Cap: US$9.2b

Manufactures, recycles, and fabricates steel and metal products, and related materials and services in the United States, Poland, China, and internationally.

Crown Holdings

Market Cap: US$12.4b

Engages in the packaging business in the United States and internationally.

Gold Royalty

Market Cap: US$1.0b

A precious metals-focused royalty company, provides financing solutions to the metals and mining industry.

LyondellBasell Industries

Market Cap: US$17.9b

Operates as a chemical company in the United States, Germany, Mexico, Italy, Poland, France, Japan, China, the Netherlands, and internationally.

Minerals Technologies

Market Cap: US$2.2b

Develops, produces, and markets various mineral, mineral-based, and related systems and services.

Ternium

Market Cap: US$8.6b

Manufactures and distributes steel products in Mexico, Southern Region, Brazil, and internationally.

Ball

Market Cap: US$17.9b

Supplies aluminum packaging products for the beverage, personal care, and household products industries in the United States, Brazil, and internationally.

Graphic Packaging Holding

Market Cap: US$3.9b

Designs, produces, and sells consumer packaging products to brands in food, beverage, foodservice, household, and other consumer products in the Americas, Europe, and the Asia Pacific.

Sealed Air

Market Cap: US$6.2b

Provides packaging solutions in the United States and internationally, Europe, the Middle East, Africa, and Asia Pacific.

Axalta Coating Systems

Market Cap: US$7.3b

Through its subsidiaries, manufactures, markets, and distributes high-performance coatings systems in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America.

Avery Dennison

Market Cap: US$14.6b

Operates as a materials science and digital identification solutions company in the United States, Europe, the Middle East, North Africa, Asia, Latin America, and internationally.

RPM International

Market Cap: US$15.1b

Provides specialty chemicals for the construction, industrial, specialty, and consumer markets.

Algoma Steel Group

Market Cap: US$516.3m

Produces and sells steel products in Canada, the United States, and internationally.

Nucor

Market Cap: US$44.2b

Engages in the manufacture and sale of steel and steel products.

Steel Dynamics

Market Cap: US$29.6b

Operates as a steel producer and metal recycler in the United States.

Eagle Materials

Market Cap: US$7.1b

Through its subsidiaries, manufactures and sells heavy construction products and light building materials in the United States.

AngloGold Ashanti

Market Cap: US$54.1b

Operates as a gold mining company in Africa, Australia, and the Americas.

International Paper

Market Cap: US$25.1b

Produces and sells renewable fiber-based packaging and pulp products in North America, Latin America, Europe, and North Africa.