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 Corporation sit for sale at Thompson Building Materials in Lomita, California, on 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 Calls

This global stock could rally 140% on a hydrogen fuel boom, analyst says

Ganesh Rao

Forget Nvidia. Here are 5 undervalued tech stocks every investor should own, Goldman Sachs says

Michael Bloom

FanDuel parent Flutter joining the big leagues. Moving primary listing to U.S. from U.K. may spur investor interest

Jesse Pound