3 Top Steel Producer Stocks to Buy From a Promising Industry

The Zacks Steel Producers industry is well poised to benefit from an uptick in steel prices this year from last year's lows. A resilient non-residential construction market and firm demand in the automotive space also act as tailwinds for the industry. Rising U.S. steel prices have created a favorable landscape for American steel producers. Tightened supply driven by tariffs on steel imports and higher end-market demand, is expected to support steel prices. Players from the industry, such as Nucor Corporati ...