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Best Performing Steel Stocks of 2020

Updated Aug 5, 2020
Steel has been one of the preferred alloys for making all kinds of solid metallic products and has attained the status of becoming the basic building blocks of the modern world. Formed by mixing iron and carbon in varying proportions, different kind of steel is obtained. Its corrosion-free property makes it a suitable choice for use across a wide variety of needs. Vehicles, appliances, structures, tools, bridges, oil pipelines, and buildings, are all are made with steel. Different kinds of companies are involved in steel-based business. Few manufacture variety of steel using iron and coke and other minerals, other use steel as a raw material to develop finished or semi-finished products, and others offer services around steel industry (like maintaining steel pipelines which carry oil).
Investors find it exciting to invest in steel-based companies on the hopes of generating better returns backed by increasing demand of steel. However, returns can be positive and negative based on the wide variations observed in the demand and price of steel as a commodity from one year to the other.
This article presents list of top 10 steel stocks which have generated highest returns for the year 2020 YTD. List is presented in the order of stocks gaining maximum percentage gain since the start of the year till the date of writing.
This page is updated every week/month. Bookmark this site to track the best performing stocks regularly.

Top Performing Steel StocksAll Steel StocksAll Steel ETFsTop Dividend-paying Steel Stocks

Top Steel Stocks With Highest Returns

The following list presents stocks of the companies which belong to the broader Steel sector or the stock market index, their corresponding prices as of given date, and the percentage gains realized:
 1) Ossen Innovation Co., Ltd. (OSN) 2) ZK International Group Co., Ltd. (ZKIN) 3) Commercial Metals Company (CMC) 4) Worthington Industries, Inc. (WOR) 5) Mueller Industries, Inc. (MLI)
 6) Insteel Industries, Inc. (IIIN) 7) Mechel PAO (MTL) 8) Schnitzer Steel Industries, Inc. (SCHN) 9) Reliance Steel and Aluminum Co. (RS) 10) Friedman Industries Inc. (FRD)
There's more... See price performance, YTD-gains, market-cap and other details of all the 33 Steel stocks with sorting features in a tabular format. Alternatively, one can also explore the List of Top Steel ETFs.

Top Performing Steel StocksAll Steel StocksAll Steel ETFsTop Dividend-paying Steel Stocks

Performance of Top Steel Stocks

Here's a look at the basic details and how the above mentioned stocks fared during the period:

Ossen Innovation

Ossen Innovation Co., Ltd. manufactures and sells various plain surface prestressed steel materials, and rare earth coated and zinc coated prestressed steel materials in the People's Republic of China ... see Detailed Company Profile, full Dividend History, and List of ETFs holding the stock of Ossen Innovation.
Ossen Innovation Co., Ltd. (OSN) has moved by 27.92 percentage over the given period of 2020-YTD, helping it gain a place at number one among the top performing stocks. The Basic Industries sector company managed to achieve the feat as its stock price changed from $3.08 apiece to the price of $3.94 per share between the end of December of the previous year and Aug 5, 2020. The smart run of the China-based Steel and Iron sector company lead to a handsome gain in its marketcap which changed from $20.32 million to $25.99 million over the same duration.

ZK International Group Co.

ZK International Group Co., Ltd., through its subsidiaries, designs, produces, and sells double-press thin-walled stainless steel, carbon steel, and single-press tubes and fittings in the People's Republic of China. The company offers steel strips, steel pipes, and light gauge stainless steel pipes, as well as pipe connections and fittings, such ... see Detailed Company Profile, full Dividend History, and List of ETFs holding the stock of ZK International Group Co..
Rank number two in the coveted list is held by ZK International Group Co., Ltd. (ZKIN) for being among the top performing stocks of 2020. Headquartered in China, the Basic Materials sector company is categorized under the industrial sub-sector of Basic Materials. Since the start of the year 2020, stock of ZK International Group Co. has so far gained 3.1 percentage, based on the previous year's closing price of $1.29 per share and year-to-date price of $1.33 per share. During the same period, the market capitalization of the company changed from $21.32 million to $22.02 million.

Commercial Metals

Commercial Metals Company (CMC), incorporated on August 29, 1946, together with its subsidiaries, is engaged in manufacturing, recycling and marketing steel and metal products, related materials and services through a ... see Detailed Company Profile, full Dividend History, and List of ETFs holding the stock of Commercial Metals.
The Texas, TX-headquartered company Commercial Metals Company (CMC) is ranked number three among the best performing stocks of Steel of 2020. The Basic Industries sector business falls under the Steel and Iron industrial sub-sector. Since the start of the year 2020, the stock price of Commercial Metals has changed by -2.69 percent, which is calculated based on the previous year's closing price of $22.27 per share and year-to-date closing price of $21.67 per share as of writing. The market value of the company as indicated by its market-cap changed from $2.64 billion to $2.58 billion during the same period. Along with Steel, the company is also in the business of Basic Industries, Steel and Iron, Basic Materials, among other usual products and services. Commercial Metals continues to be a leading constituent of many major stock market indexes like Wilshire 5000 index, Russell 2000 index, and a few other larger indexes which are part of the stock market.

Worthington Industries

Worthington Industries, Inc., incorporated on August 24, 1998, is a metals manufacturing company, focused on value-added steel processing and manufactured metal products. The Companys segments include Steel Processing, Pressure Cylinders, ... see Detailed Company Profile, full Dividend History, and List of ETFs holding the stock of Worthington Industries.
At number four in the list of top stocks stands Worthington Industries, Inc. (WOR), which saw a change in its stock price from the level of $42.18 apiece during previous year December end to the price of $39.67 per share as of Aug 5, 2020. It translates to a change of -5.95 percentage. The Ohio, OH-headquartered Capital Goods sector company also saw its market value change from $2.32 billion to $2.19 billion. The Steel and Iron specialist also managed to outperform some of the major stock market indexes of which it is a part of. They include the Wilshire 5000 index, Russell 2000 index, and a handful of other multi-capitalization indexes.

Mueller Industries

Mueller Industries, Inc., incorporated on October 03, 1990, is a manufacturer of copper, brass, aluminum and plastic products. The Company operates through three segments: Piping Systems, Industrial Metals and Climate. ... see Detailed Company Profile, full Dividend History, and List of ETFs holding the stock of Mueller Industries.
During the given months of the year 2020, Mueller Industries, Inc. (MLI) was successful in generating YTD returns of -8.69 percentage which helped it gain the number five spot in the list of the top performing stocks which generated maximum returns during year 2020 till date. As of December of the previous year, the stock of the Tennessee, TN-based Mueller Industries closed at a price of $31.75 per share, while it traded at a price of $28.99 per share as of Aug 5, 2020. The company's market cap changed from $1.82 billion to $1.65 billion during the same period YTD. It ranks as a key constituent of major indexes that include Wilshire 5000 index, Russell 2000 index, and several other broader level multi-cap market indicators. The company is classified under the Capital Goods industry sector and further specialized as a Metal Fabrications sector business.

Insteel Industries

Insteel Industries, Inc., incorporated on December 1, 1958, is a manufacturer of steel wire reinforcing products for concrete construction applications. The Companys operations are focused on the manufacture and marketing ... see Detailed Company Profile, full Dividend History, and List of ETFs holding the stock of Insteel Industries.
The North Carolina, NC-headquartered company Insteel Industries, Inc. (IIIN) is ranked number six among the best performing stocks of Steel of 2020. The Capital Goods sector business falls under the Steel and Iron industrial sub-sector. Since the start of the year 2020, the stock price of Insteel Industries has changed by -11.03 percent, which is calculated based on the previous year's closing price of $21.49 per share and year-to-date closing price of $19.12 per share as of writing. The market value of the company as indicated by its market-cap changed from $413.91 million to $368.27 million during the same period. Along with Steel, the company is also in the business of Capital Goods, Steel and Iron, Industrials, Metal Fabrication, among other usual products and services. Insteel Industries continues to be a leading constituent of many major stock market indexes like Wilshire 5000 index, Russell 2000 index, and a few other larger indexes which are part of the stock market.

Mechel PAO

Mechel PAO, together with its subsidiaries, engages in mining, steel, and power businesses in Russia, Asia, Europe, the Commonwealth of Independent States, the Middle East, the United States, and internationall ... see Detailed Company Profile, full Dividend History, and List of ETFs holding the stock of Mechel PAO.
Mechel PAO (MTL) has moved by -11.17 percentage over the given period of 2020-YTD, helping it gain a place at number seven among the top performing stocks. The Basic Industries sector company managed to achieve the feat as its stock price changed from $2.06 apiece to the price of $1.83 per share between the end of December of the previous year and Aug 5, 2020. The smart run of the Moscow, Russia-based Steel and Iron sector company lead to a handsome gain in its marketcap which changed from $544.61 million to $533.45 million over the same duration.

Schnitzer Steel Industries

Schnitzer Steel Industries, Inc., incorporated on July 30, 1946, is a recycler of ferrous and nonferrous scrap metal, including end-of-life vehicles, and a manufacturer of finished steel products. The Company ... see Detailed Company Profile, full Dividend History, and List of ETFs holding the stock of Schnitzer Steel Industries.
At number eight in the list of top stocks stands Schnitzer Steel Industries, Inc. (SCHN), which saw a change in its stock price from the level of $21.68 apiece during previous year December end to the price of $19.24 per share as of Aug 5, 2020. It translates to a change of -11.25 percentage. The Oregon, OR-headquartered Consumer Durables sector company also saw its market value change from $588.46 million to $521.39 million. The Industrial Specialties specialist also managed to outperform some of the major stock market indexes of which it is a part of. They include the Wilshire 5000 index, Russell 2000 index, and a handful of other multi-capitalization indexes.

Reliance Steel and Aluminum

Reliance Steel & Aluminum Co. operates as a metals service center company in the United States and internationally. The company provides steel, aluminum, stainless, and specialty metals and related pr ... see Detailed Company Profile, full Dividend History, and List of ETFs holding the stock of Reliance Steel and Aluminum.
During the given months of the year 2020, Reliance Steel and Aluminum Co. (RS) was successful in generating YTD returns of -14.17 percentage which helped it gain the number nine spot in the list of the top performing stocks which generated maximum returns during year 2020 till date. As of December of the previous year, the stock of the California, CA-based Reliance Steel and Aluminum closed at a price of $119.76 per share, while it traded at a price of $102.79 per share as of Aug 5, 2020. The company's market cap changed from $7.98 billion to $6.55 billion during the same period YTD. It ranks as a key constituent of major indexes that include Wilshire 5000 index, and several other broader level multi-cap market indicators. The company is classified under the Basic Industries industry sector and further specialized as a Metal Fabrications sector business.

Friedman Industries

Friedman Industries, Incorporated, incorporated on March 29, 1965, is engaged in steel processing, pipe manufacturing and processing and steel and pipe distribution. The Company has two product groups: coil and ... see Detailed Company Profile, full Dividend History, and List of ETFs holding the stock of Friedman Industries.
Rank number ten in the coveted list is held by Friedman Industries Inc. (FRD) for being among the top performing stocks of 2020. Headquartered in Texas, TX, the Capital Goods sector company is categorized under the industrial sub-sector of Steel and Iron. Since the start of the year 2020, stock of Friedman Industries has so far gained -14.95 percentage, based on the previous year's closing price of $6.02 per share and year-to-date price of $5.12 per share. During the same period, the market capitalization of the company changed from $42.14 million to $36.25 million. The stock of Friedman Industries continues to be a major constituent of many leading stock indexes which include Wilshire 5000 index, and several other broader level multi-cap market indicators.
This page is updated every week/month. Bookmark this site to track the best performing stocks regularly.

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