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Highest EBITDA Growth in the Steel Industry Detected in Shares of Timkensteel (TMST, CMC, ATI, RYI, ZEUS)

By Shiri Gupta

Below are the three companies in the Steel industry with the highest EBITDA Growth (next year estimate vs. LTM). EBITDA Growth can be valuable in predicting future cash flow generation and earnings power.

Timkensteel ranks highest with a EBITDA growth of 339.4%. Commercial Metal is next with a EBITDA growth of 120.4%. Allegheny Tech ranks third highest with a EBITDA growth of 119.8%.

Ryerson Holding follows with a EBITDA growth of 50.1%, and Olympic Steel rounds out the top five with a EBITDA growth of 38.9%.

SmarTrend recommended that its subscribers protect gains by selling shares of Ryerson Holding on August 14th, 2018 by issuing a Downtrend alert when the shares were trading at $10.70. Since that call, shares of Ryerson Holding have fallen 33.6%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest ebitda growth timkensteel commercial metal allegheny tech ryerson holding olympic steel