Goldman downgrades U.S. Steel and Nucor, says steel prices may soon roll over

Published Wed, Oct 6 20217:17 AM EDTUpdated Wed, Oct 6 20219:13 AM EDT

Jesse Pound @/in/jesse-pound @jesserpound

Bundles of steel from Nucor Corp. sit for sale to at Thompson Building Materials in Lomita, California, U.S., on Thursday, Aug. 30, 2012.

Patrick Fallon | Bloomberg | Getty Images

Some of the biggest stocks in steel industry could struggle going forward as a price jump for the commodity reverses course, according to Goldman Sachs.

More In Analyst Stock Picks

'Mispriced' stocks like this solar name are too attractive to ignore, Bank of America says

Michael Bloom

Bank of America says this lidar stock can rally more than 40% after a sell-off

Lisa Kailai Han