United States Steel Corporation (X Quick QuoteX - Free Report) was a big mover last session, as the company saw its shares rise nearly 15% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $33.95 to $41.15 in the past one-month time frame.

The move came after the U.S. Department of Commerce recommended metal import tariffs for the federal government.

The company has seen two negative estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

U.S. Steel currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.  

Another stock worth considering in the Steel – Producers industry is Angang Steel Company Limited which carries a Zacks Rank #1.You can see the complete list of today’s Zacks #1 Rank stocks here.

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