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Commercial Metals Company (CMC), headquartered in Irving, Texas, is a producer of rebar and related products for the construction industry. Along with Nucor , it is one of two primary suppliers of steel used to reinforce concrete in buildings, bridges, roads, and infrastructure in the U.S.
Commercial Metals Company (NYSE:CMC) reported fourth-quarter net sales of $1.996 billion, missing the consensus of $2.001 billion. The company stated that demand for CMC’s products in North ...
CMC earnings call for the period ending September 30, 2024.
Commercial Metals (CMC) is selling the land underlying its former Steel California and Rebar Etiwanda operations, which will help offset the cost of building its third micro mill in Arizona.
Commercial Metals (CMC) will gain from solid steel demand across the end markets, driven by elevated spending on the residential and construction sector as well as focus on cost reductions.
Commercial Metals (CMC) likely to benefit from strength in construction activity, solid industrial production and acquisition.
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