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CMC posts loss due to weakness in steelmaking, scrap.

Publication: Metal Center News
Publication Date: 01-APR-09
Format: Online
Delivery: Immediate Online Access
Full Article Title: CMC posts loss due to weakness in steelmaking, scrap.(METAL INDUSTRY NEWS)(Financial report)

Article Excerpt
Commercial Metals Co., Irving, Texas, reported a net loss of $35.3 million on net sales of $1.6 billion for the quarter ended Feb. 28. This compares with net earnings of $39.8 million on net sales of $2.3 billion for the company's second quarter last year.

"The deterioration of global...

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