Top 5 Companies in the Steel Industry with the Best Relative Performance (CMC, STLD, WOR, GGB, CLF)

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Jan 08, 2013 (Fast Lane via COMTEX) -- 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 Metals (NYSE:CMC) ranks first with a gain of 3.09%; Steel Dynamics (NASDAQ:STLD) ranks second with a gain of 2.81%; and Worthington Industries (NYSE:WOR) ranks third with a gain of 1.51%.

Gerdau (NYSE:GGB) follows with a gain of 1.15% and Cliffs Natural Resources (NYSE:CLF) rounds out the top five with a gain of 0.96%.Commercial Metals Company and its subsidiaries manufacture, recycle, and market steel and metal products and related materials. The Company markets and trades primary and secondary metals, steel, ores, concentrates, industrial minerals, ferroalloys, chemicals, and other materials used in a variety of industries.

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