Iron ore is used for creating steel. Check out the top stocks in this list. Ranked by market capitalization.

#1

BHP - BHP Group Ltd

BHP Group Limited operates as a resources company in Australia, Europe, China, Japan, India, South Korea, the rest of Asia, North America, South America, and internationally. The company operates through Copper, Iron Ore, and Coal segments. It engages in the mining of copper, silver, zinc, molybdenu...m, uranium, gold, iron ore, and metallurgical and energy coal. The company is also involved in mining, smelting, and refining of nickel; and potash development activities. In addition, it provides towing, freight, marketing and trading, marketing support, finance, administrative, and other services. The company was founded in 1851 and is headquartered in Melbourne, Australia.

Exchange: NYSEWeb: bhp.comEmployees: 45k
Price: 63.4152w High: 71.5252w Low: 46.92
Market Cap: 228bnRevenue TTM: 61bnProfit Margin: 46.1%
P/E TTM: 8.75P/E Forward: 31.08Dividend Yield: 4.21%
Stock price in USD as of 2023-03-31, end of day. Most recent quarter: 2022-06-30.
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#2

RIO - Rio Tinto PLC

Rio Tinto Group engages in exploring, mining, and processing mineral resources worldwide. The company offers aluminum, copper, diamonds, gold, borates, titanium dioxide, salt, iron ore, and lithium. It also owns and operates open pit and underground mines, mills, refineries, smelters, power stations..., and research and service facilities. Rio Tinto Group was founded in 1873 and is headquartered in London, the United Kingdom.

Exchange: NYSEWeb: riotinto.comEmployees: 49k
Price: 68.6052w High: 83.2152w Low: 50.92
Market Cap: 111bnRevenue TTM: 56bnProfit Margin: 22.4%
P/E TTM: 8.93P/E Forward: 16.29Dividend Yield: 7.2%
Stock price in USD as of 2023-03-31, end of day. Most recent quarter: 2022-12-31.
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#3

GLCNF - Glencore Plc

Glencore plc produces, refines, processes, stores, transports, and markets metals and minerals, and energy products in the Americas, Europe, Asia, Africa, and Oceania. It operates through two segments, Marketing Activities and Industrial Activities. The company produces and markets copper, cobalt, n...ickel, zinc, lead, chrome ore, ferrochrome, vanadium, alumina, aluminum, tin, and iron ore. It also engages in the oil exploration/production, distribution, storage, and bunkering activities; and offers coal, crude oil and oil products, refined products, and natural gas. In addition, the company markets and distributes physical commodities sourced from third party producers and its production to industrial consumers in the battery, electronic, construction, automotive, steel, energy, and oil industries. Further, it provides financing, logistics, and other services to producers and consumers of commodities. The company was formerly known as Glencore Xstrata plc and changed its name to Glencore plc in May 2014. Glencore plc was founded in 1974 and is headquartered in Baar, Switzerland.

Exchange: OTCWeb: glencore.comEmployees: 135k
Price: 5.7352w High: 7.1952w Low: 4.67
Market Cap: 72bnRevenue TTM: 256bnProfit Margin: 6.8%
P/E TTM: 4.34P/E Forward: 0.00Dividend Yield: 7.57%
Stock price in USD as of 2023-03-31, end of day. Most recent quarter: 2022-12-31.
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#4

VALE - Vale SA

Vale S.A., together with its subsidiaries, produces and sells iron ore and iron ore pellets for use as raw materials in steelmaking in Brazil and internationally. The company operates through Ferrous Minerals and Base Metals segments. The Ferrous Minerals segment produces and extracts iron ore and p...ellets, manganese, ferroalloys, and other ferrous products; and provides related logistic services. The Base Metals segment produces and extracts nickel and its by-products, such as gold, silver, cobalt, precious metals, and others, as well as copper. The company was formerly known as Companhia Vale do Rio Doce and changed its name to Vale S.A. in May 2009. Vale S.A. was founded in 1942 and is headquartered in Rio de Janeiro, Brazil.

Exchange: NYSEWeb: vale.comEmployees: N/A
Price: 15.7852w High: 21.2952w Low: 11.72
Market Cap: 71bnRevenue TTM: 45bnProfit Margin: 42.3%
P/E TTM: 4.32P/E Forward: 6.26Dividend Yield: 35.7%
Stock price in USD as of 2023-03-31, end of day. Most recent quarter: 2022-12-31.
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#5

NGLOY - Anglo American plc

Anglo American plc operates as a mining company worldwide. The company explores for rough and polished diamonds, copper, platinum group metals, metallurgical and thermal coal, and iron ore; and nickel, polyhalite, and manganese ores, as well as alloys. Anglo American plc was founded in 1917 and is h...eadquartered in London, the United Kingdom.

Exchange: OTCWeb: angloamerican.comEmployees: 106k
Price: 16.5352w High: 27.8052w Low: 13.72
Market Cap: 44bnRevenue TTM: 35bnProfit Margin: 12.9%
P/E TTM: 9.08P/E Forward: 22.04Dividend Yield: 11.88%
Stock price in USD as of 2023-03-31, end of day. Most recent quarter: 2022-12-31.
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#6

MT - ArcelorMittal

ArcelorMittal S.A., together with its subsidiaries, operates as integrated steel and mining companies in Europe, North and South America, Asia, and Africa. Its principal steel products include semi-finished flat products, including slabs; finished flat products comprising plates, hot- and cold-rolle...d coils and sheets, hot-dipped and electro-galvanized coils and sheets, tinplate, and color coated coils and sheets; semi-finished long products, which includes blooms and billets; finished long products, including bars, wire-rods, structural sections, rails, sheet piles, and wire-products; and seamless and welded pipes and tubes. The company's principal mining products comprise iron ore lumps, fines, concentrates, pellets, and sinter feeds; and coking and thermal coal, and pulverized coal injections. It sells its products to various customers in the automotive, appliance, engineering, construction, energy, and machinery industries through a centralized marketing organization, as well as distributors. The company has iron ore mining activities in Brazil, Bosnia, Canada, Kazakhstan, Liberia, Mexico, South Africa, and Ukraine; and coal mining activities in Kazakhstan. ArcelorMittal S.A. was founded in 1976 and is headquartered in Luxembourg City, Luxembourg.

Exchange: NYSEWeb: corporate.arcelormittal.comEmployees: N/A
Price: 30.1252w High: 33.9052w Low: 19.25
Market Cap: 24bnRevenue TTM: 80bnProfit Margin: 11.7%
P/E TTM: 2.90P/E Forward: 5.84Dividend Yield: 1.47%
Stock price in USD as of 2023-03-31, end of day. Most recent quarter: 2022-12-31.
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#7

CLF - Cleveland-Cliffs Inc

Cleveland-Cliffs Inc. operates as a flat-rolled steel producer in North America. The company offers carbon steel products, such as hot-rolled, cold-rolled, electrogalvanized, hot-dip galvanized, hot-dip galvannealed, aluminized, enameling, and advanced high-strength steel products; stainless steel p...roducts; plates; and grain oriented and non-oriented electrical steel products. It also provides tubular components, including carbon steel, stainless steel, and electric resistance welded tubing. In addition, the company offers tinplate products, such as electrolytic tin coated and chrome coated sheet, and tin mill products; tooling and sampling; raw materials; ingots, rolled blooms, and cast blooms; and hot-briquetted iron products. Further, it owns five iron ore mines in Minnesota and Michigan. The company serves automotive, infrastructure and manufacturing, distributors and converters, and steel producers. Cleveland-Cliffs Inc. was formerly known as Cliffs Natural Resources Inc. and changed its name to Cleveland-Cliffs Inc. in August 2017. The company was founded in 1847 and is headquartered in Cleveland, Ohio.

Exchange: NYSEWeb: clevelandcliffs.comEmployees: 27k
Price: 18.3352w High: 34.0452w Low: 11.83
Market Cap: 9.4bnRevenue TTM: 23bnProfit Margin: 5.8%
P/E TTM: 7.05P/E Forward: 8.45Dividend Yield: 0%
Stock price in USD as of 2023-03-31, end of day. Most recent quarter: 2022-12-31.
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To rank the stocks in this list, we compared market capitalization numbers.

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This list and web page are not intended to be financial advice or an endorsement to buy or sell any stocks. It is simply meant to give an initial overview in an educational and informational sense only.

The data in this list was updated between 2022-06-30 and 2023-03-31.

Sources

Stock price, info, and other data was gathered from TwelveData unless when specified otherwise.