Shares of steelmaker U.S. Steel (X 1.91%) have surged in 2023 on word that the board is exploring a potential sale, and a reported bid from Cleveland-Cliffs (CLF -3.57%) worth over $7.1 billion. In this video, Motley Fool contributors Jason Hall and Tyler Crowe discuss whether it's a buy now, as well as alternative stocks to consider, including Nucor (NUE -3.66%), Cliffs, and Steel Dynamics (STLD -1.27%)

*Stock prices used were from the morning of Oct. 18, 2023. The video was published on Oct. 24, 2023.