Commercial Metals Endures Rough Global Market in Fiscal Third-Quarter 2013, Expects Similar Results This Quarter
Commercial Metals Endures Rough Global Market in Fiscal Third-Quarter 2013, Expects Similar Results This Quarter
SUGAR LAND--June 28, 2013--Researched by Industrial Info Resources (Sugar Land, Texas)--Commercial Metals Company (NYSE:CMC) (CMC) (Irving, Texas), a major steel and metal products firm, reported a dip in earnings for the third quarter of the company's 2013 fiscal year, as weaker global shipments, especially of merchant and light structural products, more than offset improved rebar sales and solid results from the Americas Fabrication segment. Industrial Info is tracking several CMC projects, including the planned, $6 million revamp of a structural steel minimill in Seguin, Texas.
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