U.S. Materials Undervalued based on future growth

Steel Dynamics

Market Cap: US$25.5b

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

Ternium

Market Cap: US$7.3b

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

Avient

Market Cap: US$2.8b

Operates as a formulator of material solutions in the United States, Canada, Mexico, Europe, South America, and Asia.

Olin

Market Cap: US$2.3b

Manufactures and distributes chemical products in the United States, Europe, Asia Pacific, Latin America, and Canada.

Sylvamo

Market Cap: US$2.0b

Produces and markets uncoated freesheet for cutsize, offset paper, and pulp in Europe, Latin America, and North America.

Stepan

Market Cap: US$1.1b

Produces and sells specialty and intermediate chemicals to other manufacturers for use in various end products worldwide.

Myers Industries

Market Cap: US$723.5m

Engages in distribution of tire service supplies in Ohio.

Koppers Holdings

Market Cap: US$539.2m

Provides treated wood products, wood preservation chemicals, and carbon compounds in the United States, Australasia, Europe, and internationally.

Olympic Steel

Market Cap: US$488.8m

Processes, distributes, and stores metal products primarily in the United States, Canada, and Mexico.

Core Molding Technologies

Market Cap: US$182.3m

Operates as a molder of thermoplastic and thermoset structural products.

Flexible Solutions International

Market Cap: US$88.8m

Develops, manufactures, and markets specialty chemicals that slow the evaporation of water in Canada, the United States, and internationally.