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Top 5 Companies in the Steel Industry with the Best Relative Performance (CMC , X , CRS , CLF , TMST )

By Amy Schwartz

We looked at the Steel industry and measured relative performance to find the top stocks. Relative outperformance is a bullish sign of underlying fundamental and technical strength. We look at yesterday's price action of all companies in this peer group.

Commercial Metal (NYSE:CMC ) ranks first with a gain of 6.25%; Us Steel Corp (NYSE:X ) ranks second with a gain of 6.12%; and Carpenter Tech (NYSE:CRS ) ranks third with a gain of 6.06%.

Cleveland-Cliffs Inc (:CLF ) follows with a gain of 5.92% and Timkensteel (NYSE:TMST ) rounds out the top five with a gain of 5.64%.

SmarTrend is monitoring the recent change of momentum in Timkensteel. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Timkensteel in search of a potential trend change.

Keywords: relative performance commercial metal us steel corp carpenter tech :clf cleveland-cliffs inc timkensteel

Ticker(s): CMC X CRS TMST