Commercial Metals Expects Up to $180 Million in Capex for Fiscal 2015, Despite Weak Scrap Prices
SUGAR LAND--January 7, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--Commercial Metals Company (NYSE:CMC) (CMC) (Irving, Texas), a major steel and metal products firm, saw a string of setbacks, including declining scrap prices and weaker shipments for ferrous metal and other products, in the first quarter of its 2015 fiscal year. Industrial Info is tracking $45 million in active CMC projects.
Within this article: Details on CMC's quarter and projects, including a major addition at a structural steel minimill in Texas.
