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U.S. Steel Industry Analysis

UpdatedNov 20, 2025
DataAggregated Company Financials
Companies34
  • 7D-1.0%
  • 3M2.3%
  • 1Y-4.7%
  • YTDn/a

In the last week, the Steel industry is flat overall, with Warrior Met Coal standing out by going down 9.1%. As for the longer term, the industry has declined 4.7% in the last year. Earnings are forecast to grow by 35% annually.

Industry Valuation and Performance

Has the U.S. Steel Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 21 Nov 2025US$107.9bUS$127.3bUS$2.3b19.7x47x0.8x
Sun, 19 Oct 2025US$103.4bUS$126.0bUS$2.3b17.9x44.7x0.8x
Tue, 16 Sep 2025US$114.9bUS$128.8bUS$2.6b18.9x43.8x0.9x
Thu, 14 Aug 2025US$113.4bUS$128.7bUS$2.6b18.3x43.2x0.9x
Sat, 12 Jul 2025US$115.9bUS$132.6bUS$2.8b21.2x40.8x0.9x
Mon, 09 Jun 2025US$118.5bUS$147.8bUS$2.8b21x42.7x0.8x
Wed, 07 May 2025US$113.9bUS$148.7bUS$3.4b20.3x33.8x0.8x
Fri, 04 Apr 2025US$120.2bUS$155.5bUS$5.6b16.7x21.5x0.8x
Sun, 02 Mar 2025US$127.3bUS$155.7bUS$5.7b16.2x22.3x0.8x
Tue, 28 Jan 2025US$123.6bUS$159.6bUS$6.9b12.7x17.8x0.8x
Thu, 26 Dec 2024US$119.5bUS$163.1bUS$7.8b13.8x15.4x0.7x
Sat, 23 Nov 2024US$143.5bUS$163.2bUS$7.7b17.5x18.7x0.9x
Mon, 21 Oct 2024US$140.4bUS$168.4bUS$8.9b12.4x15.8x0.8x
Wed, 18 Sep 2024US$127.7bUS$169.0bUS$9.3b11x13.8x0.8x
Fri, 16 Aug 2024US$130.7bUS$169.0bUS$9.3b11.8x14.1x0.8x
Sun, 14 Jul 2024US$142.9bUS$173.0bUS$12.8b11.2x11.1x0.8x
Tue, 11 Jun 2024US$139.3bUS$173.3bUS$13.1b12x10.6x0.8x
Thu, 09 May 2024US$146.5bUS$173.5bUS$13.2b11.8x11.1x0.8x
Sat, 06 Apr 2024US$159.7bUS$174.7bUS$14.0b11.6x11.4x0.9x
Mon, 04 Mar 2024US$155.4bUS$174.9bUS$14.1b12.5x11x0.9x
Wed, 31 Jan 2024US$147.7bUS$174.1bUS$14.2b13.6x10.4x0.8x
Fri, 29 Dec 2023US$151.0bUS$175.8bUS$14.9b13.4x10.2x0.9x
Sun, 26 Nov 2023US$135.1bUS$177.0bUS$15.0b13.8x9x0.8x
Tue, 24 Oct 2023US$121.9bUS$179.7bUS$17.0b8.4x7.2x0.7x
Thu, 21 Sep 2023US$131.6bUS$181.4bUS$17.4b8.6x7.6x0.7x
Sat, 19 Aug 2023US$135.4bUS$181.3bUS$17.4b8.8x7.8x0.7x
Mon, 17 Jul 2023US$134.4bUS$186.0bUS$20.1b9.1x6.7x0.7x
Wed, 14 Jun 2023US$126.8bUS$186.7bUS$20.4b9.3x6.2x0.7x
Fri, 12 May 2023US$115.3bUS$186.6bUS$20.4b8.3x5.7x0.6x
Sun, 09 Apr 2023US$122.1bUS$191.8bUS$24.2b6.7x5x0.6x
Tue, 07 Mar 2023US$144.7bUS$192.0bUS$24.5b7.2x5.9x0.8x
Thu, 02 Feb 2023US$139.8bUS$195.2bUS$27.9b5.7x5x0.7x
Sat, 31 Dec 2022US$113.4bUS$196.9bUS$29.3b4x3.9x0.6x
Mon, 28 Nov 2022US$119.5bUS$197.0bUS$29.4b4.5x4.1x0.6x
Price to Earnings Ratio

4.1x


Total Market Cap: US$119.5bTotal Earnings: US$29.4bTotal Revenue: US$197.0bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Steel Industry Price to Earnings3Y Average 16.9x202320242025
Current Industry PE
  • Investors are optimistic on the American Steel industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 47.0x which is higher than its 3-year average PE of 16.9x.
  • The industry is trading close to its 3-year average PS ratio of 0.78x.
Past Earnings Growth
  • The earnings for companies in the Steel industry have declined 57% per year over the last three years,
  • Revenues have also declined 14% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

How does U.S. Steel compare with similar industries?

US Market-3.20%
Materials-4.21%
Metals and Mining-5.31%
Steel-0.96%
Precious Metals and Minerals5.41%
Diversified Metals and Mining-2.99%
Gold-6.12%
Aluminum-6.27%
Copper-6.70%
Silver-11.02%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
NUE NucorUS$147.201.0%
+US$318.1m		-1.9%PE20.5x
CLF Cleveland-CliffsUS$10.984.5%
+US$267.8m		-7.6%PS0.3x
LUD Luda Technology GroupUS$9.6271.5%
+US$91.0m		n/aPS4.9x
RYI Ryerson HoldingUS$20.521.9%
+US$12.2m		-17.2%PS0.1x
ZEUS Olympic SteelUS$34.702.3%
+US$8.8m		-14.9%PE28.2x

Latest News

AP
US$2.45
Ampco-Pittsburgh
7D
12.9%
1Y
40.0%
STLD
US$153.11
Steel Dynamics
7D
-1.0%
1Y
5.6%

STLD: Challenging Demand And Trade Risks Will Define Near-Term Performance

Analysts have slightly increased their average price target for Steel Dynamics by $0.83 to $167.42. They cite updated models and recent earnings, while highlighting ongoing valuation considerations and a persistently challenging demand environment.
RS
US$266.94
Reliance
7D
-2.4%
1Y
-15.6%

The Returns At Reliance (NYSE:RS) Aren't Growing

Nov 18
The Returns At Reliance (NYSE:RS) Aren't Growing
CLF
US$10.98
Cleveland-Cliffs
7D
4.5%
1Y
-7.6%

CLF: Future Partnerships And Auto Steel Advances Will Support Upside Momentum

The analyst price target for Cleveland-Cliffs has been lowered slightly, from $12.76 to $12.58. Analysts cite muted revenue growth expectations and continued margin pressures, despite recent volatility in the shares.
METC
US$16.64
Ramaco Resources
7D
-24.1%
1Y
26.6%

METC: Output Expected To Rise With Wyoming Rare Earths Development

Analysts have raised their price target for Ramaco Resources from $43.00 to $45.00. They cite strong potential from the Brook Mine’s rare earth elements and critical minerals, as well as favorable expansion prospects and strategic alignment with U.S. supply priorities.
NUE
US$147.20
Nucor
7D
1.0%
1Y
-1.9%
LUD
US$9.62
Luda Technology Group
7D
71.5%
1Y
n/a
CMC
US$57.35
Commercial Metals
7D
-3.7%
1Y
-5.1%

CMC: Share Buyback Completion Expected To Drive Future Upside Momentum

Commercial Metals Price Target Raised Amid Updated Analyst Outlook Analysts have increased their price target for Commercial Metals from $66.45 to $66.85, citing modest adjustments to model assumptions and updated discount rate expectations. What's in the News From June 1, 2025 to August 31, 2025, Commercial Metals repurchased 974,462 shares for $49.97 million.
HCC
US$73.07
Warrior Met Coal
7D
-9.1%
1Y
0.4%

HCC: Future Margins And Efficient Operations Will Shape Fair Valuation Outlook

Analysts have increased their price target for Warrior Met Coal to $80, up from $74. They cite improved profit margins, higher expected revenue growth, and the company's strong position as an efficient, low-cost producer in the seaborne metallurgical coal market.
TX
US$35.26
Ternium
7D
-2.9%
1Y
5.6%

TX: Revenue Strength And Margin Pressure Will Shape Fair Valuation Outlook

Analysts have modestly raised their price target for Ternium from $35.65 to $35.96. They cite improved revenue growth forecasts, even though a slightly lower profit margin is anticipated.
AMR
US$154.53
Alpha Metallurgical Resources
7D
-3.1%
1Y
-38.6%
RYI
US$20.52
Ryerson Holding
7D
1.9%
1Y
-17.2%

Ryerson Holding (NYSE:RYI) Is Due To Pay A Dividend Of $0.1875

Nov 03
Ryerson Holding (NYSE:RYI) Is Due To Pay A Dividend Of $0.1875
ZEUS
US$34.70
Olympic Steel
7D
2.3%
1Y
-14.9%
ACNT
US$13.74
Ascent Industries
7D
0.8%
1Y
33.0%
ZKIN
US$2.66
ZK International Group
7D
0.4%
1Y
-27.1%
WS
US$30.70
Worthington Steel
7D
-3.4%
1Y
-30.1%

Worthington Steel (NYSE:WS) Is Due To Pay A Dividend Of $0.16

Oct 18
Worthington Steel (NYSE:WS) Is Due To Pay A Dividend Of $0.16