Iron is crucial in supporting the growth of the global economy. That's because the metal is a critical ingredient in making steel, which we use to build everything from commercial buildings to bridges to pipelines. It's also a key component of many products, such as automobiles, appliances, and wind turbines.
Given steel's important role in building the critical infrastructure of the global economy, the iron market is the largest one in the mining sector by volume. It's also the third-largest commodities market overall by dollar value behind oil and gold.
Because of how vital this metal is to the global economy, investors should get to know the iron sector's top stocks.