Third-Quarter Loss at Commercial Metals

July 2009
Metal Center News;Jul2009, Vol. 49 Issue 8, p34
Trade Publication
The article reports on the financial performance of Commercial Metals Co. (CMC) in Irving, Texas. It mentions that the company has reported a net loss of 13.1 million dollars in the third quarter ended May 31, 2009 with a net earnings of 59.5 million dollars last year. Moreover, it notes that the company's steel mills ran at 58 percent of capacity and its metal margin of 365 dollars per ton was 14 percent above the third quarter last year.


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