10 Best Metal Stocks to Buy According to Billionaires

2. United States Steel Corporation (NYSE:X)

Number of Billionaires: 14

United States Steel Corporation (NYSE:X) is a leading integrated steel producer serving industries such as automotive, construction, appliance, energy, containers, and packaging. The company manufactures flat-rolled and tubular steel products, including proprietary advanced high-strength steels like XG3.

United States Steel Corporation (NYSE:X) guided for the first quarter of 2025, projecting an adjusted net loss per share between $0.53 and $0.49, with an adjusted EBITDA of approximately $125 million. The Mini Mill segment, including Big River Steel (BRS) and Big River 2 (BR2), is expected to see sequential improvements due to increasing volumes. The company is progressing toward full capacity at BR2, anticipating run-rate throughput in the second half of 2025 and full capability by 2026.

In the broader steel industry, United States Steel Corporation (NYSE:X) continues to focus on innovation and sustainability. The company is investing in technologies to support the growing demand for electric vehicles and green energy production, exemplified by the inauguration of a state-of-the-art, non-grain-oriented electrical steel line at Big River Steel.

As of March 28, 2025, U.S. Steel’s stock (NYSE:X) is trading at $43.08. While the stock has experienced volatility due to acquisition news and financial projections, some analysts view the company’s turnaround efforts and strategic investments as potential catalysts for future growth.

In 2024, United States Steel Corporation (NYSE:X)  reported a total revenue of $15.63 billion with a net income of $384 million. Among 11 analysts, 55% rated the stock as a Buy, though the upside potential remains limited at 0.42%.