Italian Materials Potentially Undervalued Companies

Cleveland-Cliffs

Market Cap: €3.2b

Operates as a flat-rolled steel producer in the United States, Canada, and internationally.

Covestro

Market Cap: €11.3b

Supplies high-tech polymer materials and application solutions.

Lenzing

Market Cap: €1.1b

Produces and markets regenerated cellulosic fibers for textiles and nonwovens.

Metsä Board Oyj

Market Cap: €1.2b

Engages in the folding boxboard, fresh fibre linerboard, and market pulp businesses in Finland and internationally.

Huhtamäki Oyj

Market Cap: €3.5b

Provides packaging solutions in the United States, Germany, the United Kingdom, India, Turkey, Australia, Thailand, Poland, South Africa, Spain, Finland, and internationally.

Neodecortech

Market Cap: €41.2m

Engages in the production and marketing of decorative papers for the industrial sectors of wood and furnishing accessories in Italy, Europe, Asia, the Middle East, the United States, and Africa.

Alcoa

Market Cap: €7.3b

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.

Cementir Holding

Market Cap: €2.2b

Operates in the building materials sector in Italy, Nordic and Baltic, Belgium, North America, Türkiye, Egypt, and the Asia Pacific.

thyssenkrupp

Market Cap: €5.5b

Operates as an industrial and technology company in Germany and internationally.

Green Oleo

Market Cap: €24.2m

Produces and sells fine oleochemicals from bridgeable and renewable sources.

Kemira Oyj

Market Cap: €3.0b

Operates as a chemicals company in Finland, rest of Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

Mayr-Melnhof Karton

Market Cap: €1.5b

Manufactures and sells cartonboard and folding cartons in Germany, Austria, and internationally.

Outokumpu Oyj

Market Cap: €1.5b

Produces and sells various stainless steel products in Finland, Germany, Italy, the United Kingdom, other European countries, North America, the Asia-Pacific, and internationally.

Aurubis

Market Cap: €3.4b

Processes metal concentrates and recycling materials in Germany.

Acerinox

Market Cap: €2.6b

Manufactures, process, and markets stainless steel products in Spain, the United States, Africa, Asia, Rest of Europe, and internationally.

K+S

Market Cap: €2.9b

Operates as a supplier of mineral products for the agricultural, industrial, consumer, and community sectors in Europe, the United States, Asia, Africa, and Oceania.

Eastman Chemical

Market Cap: €9.5b

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

Buzzi

Market Cap: €8.5b

Manufactures, distributes, and sells cement, ready-mix concrete, and aggregates.

KME Group

Market Cap: €213.5m

Produces and sells copper and copper alloy semifinished products in Europe.

Vidrala

Market Cap: €3.2b

Manufactures and sells glass containers for food and beverage products in the United Kingdom, Ireland, Italy, Iberian Peninsula, rest of Europe, and Brazil.

FMC

Market Cap: €4.9b

An agricultural sciences company, provides crop protection solutions to farmers in Latin America, North America, Europe, the Middle East, Africa, and Asia.

International Flavors & Fragrances

Market Cap: €19.8b

Manufactures and markets food, beverage, health and biosciences, scent, pharma solutions, and complementary adjacent products in the United States, Europe, and internationally.

Boliden

Market Cap: €86.7b

Engages in the extracting, producing, and recycling of base metals in Sweden, Finland, other Nordic region, Germany, the United Kingdom, Europe, North America, and internationally.

Celanese

Market Cap: €6.0b

A chemical and specialty materials company, manufactures and sells engineered polymers worldwide.

Steel Dynamics

Market Cap: €19.1b

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

Saccheria F.lli Franceschetti

Market Cap: €9.5m

Produces and sells bags and packaging products in Italy.

Nucor

Market Cap: €25.2b

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

Voestalpine

Market Cap: €4.0b

Processes, develops, manufactures, and sells steel products in Austria, the European Union, and internationally.

Amcor

Market Cap: €21.0b

Develops, produces, and sells packaging products in Europe, North America, Latin America, and the Asia Pacific.

Wacker Chemie

Market Cap: €3.1b

Provides chemical products worldwide.

LANXESS

Market Cap: €2.3b

Operates as a specialty chemicals company that engages in the development, manufacture, and marketing of chemical intermediates, additives, specialty chemicals, and consumer protection products worldwide.

HEXPOL

Market Cap: €30.7b

Develops, manufactures, and sells various polymer compounds and engineered gaskets, seals, and wheels in Sweden, rest of Europe, the United States, rest of the Americas, and Asia.

PPG Industries

Market Cap: €25.5b

Manufactures and distributes paints, coatings, and specialty materials in the United States, Canada, the Asia Pacific, Latin America, Europe, the Middle East, and Africa.

Clariant

Market Cap: €3.1b

Develops, manufactures, distributes, and sells specialty chemicals in Switzerland, Europe, the Middle East, Africa, the United States, and the Asia Pacific.

Caltagirone

Market Cap: €864.9m

Through its subsidiaries, engages in the cement manufacturing, media, real estate, and publishing activities.

Newmont

Market Cap: €58.6b

Engages in the production and exploration of gold properties.