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Commercial Metals Company Announces Restructuring Actions
Oct. 10, 2011 - Commercial Metals has announced a number of restructuring actions, including the closure or sale of its CMC Sisak mill in Croatia, additional workforce reductions, closure of five rebar fabricating locations, and rationalization of eight construction services locations.

Commercial Metals Adopts Stockholder Rights Plan
Aug. 2, 2011 - The Board of Directors of Commercial Metals Co. has adopted a Stockholder Rights Plan with a 10% threshold; stockholders with existing positions over 10% will be grandfathered.

Commercial Metals Reports 3rd Quarter Results
Jun. 22, 2011 - Commercial Metals Co. reported net income of $36.2 million, or $0.31 per diluted share, on net sales of $2.1 billion for the quarter ended May 31, 2011. This compares with a net loss of $8.8 million, or $0.08 per diluted share, on net sales of $1.8 billion for last year's Q3.

Commercial Metals to Acquire Australian Long Products Distributor
May 27, 2011 - Commercial Metals Co. has entered into a definitive agreement to purchase G.A.M. Steel Pty. Ltd. based in Melbourne, Australia. Completion of the acquisition is contingent upon customary closing conditions.

Commercial Metals Company Names New Chief Financial Officer
May 6, 2011 - Commercial Metals Co announced that Barbara R. Smith will assume the role of Senior Vice President and Chief Financial Officer, succeeding Bill Larson who has been with CMC for twenty years.

Siemens to Supply Static Var Compensation System to CMC Steel Texas
Apr. 13, 2011 - CMC Steel Texas has placed an order with Siemens Industry, Inc. to supply a turnkey SVC Plus static var compensation system for the company’s steel minimill in Seguin, Texas.

CMC Enters Two Year Sale of Accounts Receivables Facility
Apr. 12, 2011 - Commercial Metals Co. and several of its subsidiaries have entered into a facility with Wells Fargo Bank, N.A to provide for a two-year sale of accounts receivables.

CMC Announces New President and Chief Operating Officer
Apr. 8, 2011 - Commercial Metals Company announced the promotion of Joe Alvarado to the position of President and Chief Operating Officer.

Commercial Metals Sees Improved Outlook
Mar. 23, 2011 - Commercial Metals Co. reported a net loss of $46.2 million for the second quarter and a net loss of $45.5 million for the six months ended February 28, 2011.

Commercial Metals Reports First Quarter Results
Dec. 22, 2010 - Commercial Metals Co. reported net income of $0.7 million or $0.01 per diluted share on net sales of $1.8 billion for the quarter ended November 30, 2010. This compares with a net loss of $31.2 million or $0.28 per share on net sales of $1.4 billion for the first quarter of last year.

CMC Reports 4th Quarter, Year-End Results
Nov. 1, 2010 - Commercial Metals Co. reported net earnings of $8.0 million on net sales of $1.8 billion for the fourth quarter and a net loss of $205.3 million on net sales of $6.3 billion for the year ended August 31, 2010.

Steel Dynamics to Buy Joist-Making Assets from Commercial Metals
Sep. 29, 2010 - Steel Dynamics, Inc. has agreed to acquire from affiliates of Commercial Metals Co. certain facilities and assets of CMC's former steel-joist manufacturing operations. These assets will become a part of SDI's wholly owned subsidiary, New Millennium Building Systems.

CMC Announces Management Promotions
Aug. 10, 2010 - Commercial Metals Co.'s Board of Directors has promoted four officers, all of whom had previously been elected a Vice President of CMC. They will now serve as Senior Vice President in addition to their existing titles reflecting specific areas of responsibility.

Commercial Metals Reports 3rd Quarter Loss
Jun. 23, 2010 - Commercial Metals Co. reported a net loss of $8.8 million, or $0.08 per diluted share, on net sales of $1.8 billion for the quarter ended May 31, 2010. This compares with a net loss of $13.1 million, or $0.12 per diluted share, on net sales of $1.3 billion for the same period last year.

Commercial Metals Issues Third Quarter Guidance
May 19, 2010 - Commercial Metals is estimating that third-quarter results will range from breakeven to a $0.10 per share loss, up from a loss of $1.53 per share in the previous quarter.

Commercial Metals Announces Two Executive Appointments
Apr. 21, 2010 - Commercial Metals Co. has appointed Joseph Alvarado as Executive Vice President and Chief Operating Officer of CMC, and Tracy L. Porter as Vice President of CMC and President of the CMC Americas Division. Alvarado begins his new role on April 30; Porter's new role is effective April 19.

CMC Reports Second Quarter Loss
Mar. 25, 2010 - Commercial Metals Co. reported a net loss of $173.3 million on net sales of $1.32 billion for the second quarter and a net loss of $204.5 million on net sales of $2.72 billion for the six months ended February 28, 2010.

CMC Zawiercie Operates New Bar Mill with Morgan XpertManager
Mar. 18, 2010 - Siemens VAI Metals Technologies has received an order from CMC Zawiercie S.A. to equip a new bar mill with the Morgan XpertManager manufacturing execution system, which will enable the company to analyze operations, manage production, and optimize the mill’s throughput.

Tenova Core Consteel® Startup at CMC Mesa
Mar. 15, 2010 - Commercial Metals Co. (CMC) has recently completed the successful startup of a new Consteel system designed and supplied by Tenova Core. The new CMC micro-mill plant located in Mesa, Ariz., is producing reinforcing bar.

CMC Anticipates Second Quarter Loss
Mar. 15, 2010 - Commercial Metals Co. is estimating it will record a net loss between $170 and $180 million ($1.50 to $1.60 per share) for the quarter ended February 28, 2010.

Commercial Metals to Exit Joist and Deck Business
Mar. 1, 2010 - Commercial Metals Co. recently announced its decision to exit the joist and deck business by way of sale and/or closure of those facilities. The company also has amended its agreement regarding its $400 million revolver and its $100 million accounts receivable (A/R) securitization agreement.

Danieli Micromill Started Up at CMC Arizona
Feb. 10, 2010 - Commercial Metals Co.’s CMC Steel Arizona has started up a new generation of Danieli continuous casting-rolling micromill. MI.DA® completes the range of Danieli minimills.

Commercial Metals Announces Resignation of CMC Americas Division President Russell B. Rinn
Feb. 2, 2010 - Commercial Metals announces the resignation of Russell B. Rinn, Executive Vice President of CMC and President of the CMC Americas Division, following 31 years of service to the company.

Commercial Metals Reports First Quarter Loss
Dec. 24, 2009 - Commercial Metals reports a net loss of $31.2 million ($0.28 per share) on net sales of $1.4 billion for the quarter ended November 30, 2009, compared with net earnings of $62.0 million ($0.54 per diluted share) on net sales of $2.4 billion for last year's first quarter.

CMC Cometals to Build Alloy Hardeners Plant near Cayce Minimill
Nov. 18, 2009 - CMC’s Cometals Division announces plans to construct a state-of-the-art alloy hardeners plant near the company’s Cayce, S.C., steel minimill.

Commercial Metals to Realign Organization
Nov. 11, 2009 - Commercial Metals Co. has announced a realignment in its segment reporting structure within its major operational units, the CMC Americas Division and the CMC International Division, effective December 1.

CMC Alabama Starts up Motank System for Remote Slag Door Cleaning
Nov. 10, 2009 - CMC Alabama commissions a MOTANK system from MORE srl for remote-controlled slag door cleaning in its 80-ton EAF.

Commercial Metals Reports 4th-Quarter, Full-Year Profits
Nov. 2, 2009 - Commercial Metals reported net earnings of $7.2 million on net sales of $1.5 billion for the fourth quarter and net earnings of $20.8 million on net sales of $6.8 billion for the year ended August 31, 2009.

Commercial Metals Company Reports Third Quarter Loss
Jun. 24, 2009 - Commercial Metals Co. reported a net loss of $13.1 million on net sales of $1.3 billion for the quarter and net earnings of $13.6 million on net sales of $5.3 billion for the nine months ended May 31, 2009.

Commercial Metals Announces Retirement of General Counsel
Jun. 1, 2009 - Commercial Metals Co. announces the planned retirement of David M. Sudbury, Senior Vice President, Secretary & General Counsel, effective at the end of CMC's 2009 fiscal year on August 31, 2009.

CMC Reports 4th Quarter, Full Year Results
Oct. 31, 2008 - Commercial Metals reports net earnings of $63.5 million on net sales of $3.1 billion for the fourth quarter, and net earnings of $232.0 million on net sales of $10.4 billion for the year ended August 31, 2008.

CMC Implements QMOS on South Carolina Rolling Mill
Sep. 11, 2008 - CMC-South Carolina becomes the third Commercial Metals rolling mill to implement Quad InfoTech’s QMOS mill operation system.

CMC Completes Acquisition of Reinforcing Post-Tensioning Services
Sep. 2, 2008 - Commercial Metals completes its acquisition of Claremont, Calif., based Reinforcing Post-Tensioning Services, Inc., Regional Steel Corp., and RPS Cable Corp.

CMC Arkansas Implements QMOS as its MES System
Aug. 13, 2008 - CMC-Arkansas becomes the second Commercial Metals rolling mill to implement Quad Infotech’s QMOS System.

CMC Implements QMOS 10.5 at Seguin Plant
Aug. 6, 2008 - Commercial Metals’ Seguin, Texas, plant goes live with Quad Infotech’s QMOS system, making it the first mill to implement the new QMOS version 10.5.

Commercial Metals Sells Senior Unsecured Notes
Aug. 5, 2008 - Commercial Metals Company sells $500 million principal amount of Senior Unsecured Notes due 2018.

CMC to Expand Rebar Fabrication with Acquisition of RPS and Affiliates
Jul. 16, 2008 - Commercial Metals enters agreement to purchase the operating assets of Reinforcing Post-Tensioning Services, Regional Steel Corp., and RPS Cable Corp., based in Claremont, Calif.

CMC Board Names McClean Chairman
Jul. 14, 2008 - The Commercial Metals Co. Board of Directors elects Murray R. McClean as Chairman of the Board in addition to his ongoing responsibilities as President and Chief Executive Officer.

CMC Completes Acquisition of ABC Coating Companies and Affiliates
Jul. 2, 2008 - Commercial Metals completes its acquisition of the operating assets of ABC Coating Companies, Banner Rebar, and Toltec Steel Services.

CMC Reports Third Quarter Earnings
Jun. 19, 2008 - Commercial Metals Co. reports net earnings of $59.5 million on net sales of $2.9 billion for the quarter, and net earnings of $168.4 million on net sales of $7.3 billion for the nine months ended May 31, 2008.

CMC Subsidiary Closes Purchase of PHP Nike
Jun. 6, 2008 - Commercial Metals subsidiary, CMC Poland, completes its acquisition of the outstanding shares of PHP Nike SA, Poland.

CMC Acquires Assets of Rebar Services and Supply Company
Apr. 30, 2008 - Commercial Metals Co. completes its acquisition of the operating assets of Rebar Services and Supply Co. of Fort Worth, Texas.

Eaton Recognizes CMC Group for Supplier Excellence
Apr. 17, 2008 - Eaton Corp. honors CMC’s National Accounts Group as one of its ‘best suppliers’ for its scrap metal management program.

CMC Reports 2nd Quarter Results
Mar. 26, 2008 - Commercial Metals reports net earnings of $39.8 million on net sales of $2.3 billion for the quarter, and net earnings of $108.9 million on net sales of $4.4 billion for the six months ended February 29, 2008.

CMC Reports Solid First Quarter
Dec. 27, 2007 - Commercial Metals reports net earnings of $69.2 million on net sales of $2.1 billion for the quarter ended November 30, 2007.

CMC Commissions CCR Cut-to-Weight System
Nov. 13, 2007 - CMC commissions a billet weighing and cut-to-weight system installed by CCR Technologies on the continuous caster at its South Carolina facility.

CMC Board Authorizes Purchase of Five Million Shares
Nov. 6, 2007 - Commercial Metals Co.’s board of directors authorizes purchase of up to 5,000,000 additional shares of the company’s common stock.

CMC Reports Second-Best Quarterly Results
Oct. 31, 2007 - Commercial Metals reports net earnings of $104.7 million on net sales of $2.3 billion for the fourth quarter, and net earnings of $355.4 million on net sales of $8.3 billion for the year ended August 31, 2007.

CMC Steel Boosts EAF Operator Safety with Automated Motank Equipment
Oct. 3, 2007 - CMC Steel South Carolina reduces the need for a man-driven forklift at the EAF with the addition of Moré’s Motank machine, a dedicated remote-controlled truck equipped with a horizontal ram.

Commercial Metals Closes Acquisition of Croatian Mill
Sep. 20, 2007 - Commercial Metals’ Swiss subsidiary completes its acquisition of the outstanding shares of Valjaonica Cijevi Sisak from the Croatian Privatization Fund and Croatian government.

Commercial Metals Acquires Economy Steel
Sep. 20, 2007 - Commercial Metals completes its acquisition of substantially all the operating assets of Economy Steel of Las Vegas.

CMC Chairman Announces Retirement Plans
Aug. 31, 2007 - Chairman of Commercial Metals Board of Directors Stanley A. Rabin announces his intent to retire at the end of CMC's 2008 fiscal year on August 31, 2008.

CMC Subsidiary to Install Flexible Medium Section Rolling Mill
Jul. 26, 2007 - Commercial Metals’s CMCZ steel minimill in Zawiercie, Poland, will install a new flexible medium section rolling mill at an estimated cost of $170 million.

Commercial Metals to Acquire Croatian Mill
Jul. 24, 2007 - Commercial Metals signs definitive purchase agreement with the Croatian government to acquire Valjaonica Cijevi Sisak for HRK 37 million for the shares, in addition to (about U.S. $7 million), assume debt of over HRK 200 million (about U.S. $41 million), invest about U.S. $40 million in capital expenditures, and increase working capital by approximately U.S. $39 million f

CMC Issues $400,000,000 of Senior Unsecured Notes
Jul. 18, 2007 - Commercial Metals has sold $400 million principal amount of Senior Unsecured Notes due 2017.

CMC Chairman Adopts 10b5-1 Stock Trading Plan
Jul. 17, 2007 - Commercial Metals Board Chairman Stanley A. Rabin has executed a prearranged systematic personal stock trading plan pursuant to, and intended to comply with, Rule 10b5-1 under the Securities Exchange Act of 1934 and with CMC's policies with respect to insider sales.

CMC Steel Texas to Cut Mercury at Seguin Plant
Jun. 27, 2007 - CMC Steel Texas partners with the Environmental Protection Agency to reduce mercury at its Seguin, Texas, plant as part of the EPA’s National Partnership for Environmental Priorities program.

CMC Reports Record Third Quarter
Jun. 21, 2007 - Boosted by record-setting results in four of its five operating segments, Commercial Metals reports net earnings of $99.4 million on net sales of $2.3 billion for the quarter ended May 31, 2007, ranking it as the strongest third quarter ever reported by the company.

Commercial Metals Announces Organizational Realignment
May 23, 2007 - Commercial Metals will realign its operational and management structure, with CMC Executive Vice Presidents Russell Rinn and Hanns Zoellner assuming expanded management responsibilities for two newly formed operational units - CMC Americas and CMC International.

CORE to Supply Consteel System for New CMC Arizona Facility
May 1, 2007 - Danieli Corp. recently contracted Core Furnace Systems to design and supply a Consteel® system for a new CMC continuous steelmaking facility in Mesa, Ariz.

Croatian Government Accepts CMC’s Mill Bid
Apr. 30, 2007 - Commercial Metals announced that its second bid to acquire Valjaonica Cijevi Sisak (VCS) has been accepted by the Croatian Privatization Fund and Croatian government. The April 17, 2007 bid was submitted via Swiss subsidiary, Commercial Metals International AG.

Commercial Metals Board Elects Eleventh Director
Apr. 18, 2007 - Commercial Metals Co. announced the election of Robert L. Guido to its Board of Directors. The appointment increases CMC’s board from ten to eleven directors.

CMC Closes Purchase of Nicholas J. Bouras and Affiliates
Apr. 18, 2007 - Commercial Metals Co. has completed its acquisition of substantially all the operating assets of Nicholas J. Bouras, Inc., United Steel Deck, Inc., The New Columbia Joist Co., and ABA Trucking Corp. for a purchase price of approximately $146 million.

Commercial Metals Bids to Acquire Second Croatian Mill
Apr. 9, 2007 - Commercial Metals Co. announced that its Swiss subsidiary, Commercial Metals International AG (CMI), has submitted a bid to acquire "Zeljezara Split" dd Kastel Sucurac (Split) from the Croatian Privatization Fund.

Commercial Metals Declares Quarterly Cash Dividend
Mar. 26, 2007 - March 26, 2007 — Commercial Metals Co.’s board of directors has declared a quarterly cash dividend of nine cents per share on common stock. The cash dividend will be paid on Apr

CMC Reports Solid 2nd Quarter Results
Mar. 21, 2007 - March 21, 2007 — Commercial Metals Co. reported net earnings of $65.9 million on net sales of $2.0 billion for the quarter, and net earnings of $151 million on net sales of $4.0 billion for t

CMC to Buy Assets as Part of CMC Joist Expansion
Mar. 6, 2007 - March 6, 2007 — Commercial Metals Co. has entered into a definitive agreement to purchase substantially all the operating assets of

CMC Acquires CMC Zawiercie Shares from Polish State Treasury
Mar. 5, 2007 - March 5, 2007 — Commercial Metals Co.’s Polish steel mill, CMC Zawiercie SA (CMCZ), has purchased all of the shares of CMCZ owned by the Polish Ministry of State Treasury. The

CMC Bids to Acquire Sisak from Croatian Privatization Fund
Feb. 21, 2007 - Feb. 21, 2007 — Commercial Metals Co. announced that it had submitted a bid to acquire Valjaonica Cijevi Sis

CMC Announces Four Executive Promotions
Jan. 30, 2007 - Jan. 30, 2007 — Commercial Metals Co.’s Board of Directors has promoted four of its officers, all of whom had previously been elected a CMC Vice President. The four will now serve as Ex

CMC Closes Purchase of German Fabrication Facility
Jan. 5, 2007 - Jan. 5, 2007 — Commercial Metals Co. has completed its acquisition of substantially all the operating assets of a steel fabrication business in Rosslau/Saxony-Anhalt in eastern Germany.

CMC Reports Record First Quarter
Dec. 27, 2006 - Dec. 27, 2006 — Commercial Metals Co. reported record net earnings of $85.4 million on net sales of $2.0 billion for the fiscal first quarter ended November 30, 2006.

CMC Establishes Branch Office in Belgium
Dec. 6, 2006 - Dec. 6, 2006 — Commercial Metals Co. announced that its

CMC to Acquire Service Center from Bruhler Stahlhandel
Dec. 1, 2006 - Dec. 1, 2006 — Commercial Metals Co. has entered into a definitive purchase agreement with

CMC Announces New Chief Executive Officer
Jul. 25, 2006 - July 25, 2006 — Commercial Metals Co.'s Board of Directors has named

CMC Board Approves Share Purchase Authority
Jul. 20, 2006 - July 20, 2006 — Commercial Metals Co.’s board of directors has authorized the purchase of

CMC Acquires Cherokee Supply
Jul. 19, 2006 - July 19, 2006 — Commercial Metals Co. announced the acquisition of substantially all of the ope

CMC Acquires Yonack Iron & Metal Assets
Jun. 13, 2006 - June 13, 2006 — Commercial Metals Co. announced that it has closed its purchase of substantiall

Commercial Metals Declares 2-for-1 Stock Split
Apr. 25, 2006 - April 25, 2006 — Commercial Metals Co.’s board of directors has declared a two-for-one stock split in the form of a 100% stock dividend on the company's common stock payabl

CMC to Buy Yonack Iron & Metal Assets
Apr. 13, 2006 - April 13, 2006 — Commercial Metals Co. has entered into a definitive agreement to purchase substantially all the operating assets of

CMC Reports Strongest 2nd Quarter in Its History
Mar. 22, 2006 - March 22, 2006 — Commercial Metals Co. (CMC) reported net earnings of $80.1 million on net sale

CMC Acquires Assets of Brost Forming Supply
Mar. 3, 2006 - March 3, 2006 — Commercial Metals Co. announced the acquisition of substantially all of the operating assets of

Commercial Metals Elects Lead Director
Feb. 15, 2006 - Feb. 15, 2006 — Commercial Metals Co.’s Board has modified its Corporate Governance Guidelines to provide for the designation of a Lead Director by its independent director

CMC Appoints President and Chief Operating Officer
Jan. 27, 2006 - Jan. 27, 2006 — Commercial Metals Co.’s Board of Directors has named Murray R. McClean

CMC Reports Near-Record First Quarter
Dec. 22, 2005 - Commercial Metals Co. reported first quarter net earnings of $69.6 million on net sales of $1.6 billion for the quarter ended November 30, 2005.

Commercial Metals Acquires Norfolk Rebar Fabricator
Nov. 15, 2005 - Commercial Metals Co. announced the acquisition of substantially all operating assets of Norfolk, Va., reinforcing steel fabricator Hall-Hodges Company.

Commercial Metals Names New CEO for CMC Steel Group
Oct. 27, 2005 - Stanley A. Rabin, Chairman, President and CEO of Commercial Metals Co., announced that Russell B. Rinn will be appointed President and CEO of the CMC Steel Group effective January 26, 2006.

Commercial Metals Reports Record Annual Earnings
Oct. 26, 2005 - Commercial Metals Co. reported record net earnings of $83.7 million on net sales of $1.7 billion for the fourth quarter and record net earnings of $286 million on net sales of $6.6 billion for the year ended August 31, 2005.

CMC Acquires Canam Joist Manufacturing Operation in Mexico
Aug. 17, 2005 - Commercial Metals Co. announced the acquisition of substantially all of the operating assets of the Juarez, Mexico, joist manufacturing facility from a subsidiary of Canam Group, Inc. of Quebec, Canada.

CMC Opens New Birmingham Scrap Processing Facility
Jun. 29, 2005 - Commercial Metals Co. opened its newest scrap processing facility in Birmingham, Ala.

Commercial Metals Reports Best Third Quarter Ever
Jun. 22, 2005 - Commercial Metals Co. reported net earnings of $71.7 million on net sales of $1.7 billion for the quarter ended May 31, 2005, ranking it as the strongest third quarter ever for the company.

Commercial Metals Repurchases Shares, Announces New Repurchase Authority
May 25, 2005 - The Commercial Metals Company board of directors has authorized the purchase of up to 2,000,000 shares of the company's common stock.

Commercial Metals Reports Record 2nd Quarter
Mar. 23, 2005 - Commercial Metals Co. reported net earnings of $56.6 million on net sales of $1.6 billion for the quarter ended February 28, 2005, ranking it as the strongest second quarter ever reported for the company. The company also reported net earnings of $130.3 million on net sales of $3.1 billion for the first six months of the fiscal year.

CMC Reports Record Quarterly Earnings
Dec. 20, 2004 - Commercial Metals Co. reported record quarterly net earnings of $73.7 million on net sales of $1.53 billion for the quarter ended November 30, 2004. This is the third consecutive quarter in which net earnings exceeded those for any previous complete fiscal year before fiscal 2004.

Commercial Metals Declares 2-for-1 Stock Split
Nov. 23, 2004 - Commercial Metals Co.’s board of directors declared a two-for-one stock split in the form of a 100% stock dividend on the company's common stock payable January 10, 2005 to shareholders of record December 13, 2004. Each stockholder of record will receive one additional share of CMC common stock for each share held as of the record date.

CMC Acquires California Fabricating Operation
Nov. 5, 2004 - Commercial Metals Co. announced the acquisition of substantially all of the operating assets of the J. L. Davidson Co.'s rebar fabricating facility located in Rialto, Calif.

Commercial Metals Reports Record 4th Quarter Earnings
Oct. 20, 2004 - Commercial Metals Co. reported record net earnings of $47.4 million on net sales of $1.5 billion for the fourth quarter and net earnings of $132.0 million on net sales of $4.8 billion for the year ended August 31, 2004.

SMI Seguin Meltshop Back to Full Production with Reinstalled Transformer
Oct. 12, 2004 - Commercial Metals Co. announced that Structural Metals, Inc. (SMI Texas) has completed reinstallation of its repaired primary electric arc furnace transformer. The Seguin, Texas, meltshop is now back in full production.

CMC Steel Group Names Executive Vice President of Finance and Administration
Sep. 30, 2004 - Commercial Metals Co. announced that Bob Unfried was named as Executive Vice President—Finance and Administration for the CMC Steel Group.

CMC Secondary Metals Processing President to Retire
Sep. 24, 2004 - Commercial Metals Co. announced that Harry Heinkele, President of CMC's Secondary Metals Processing Division, will retire effective September 30, 2004 after more than 24 years with the company.

CMC Appoints Executive VP and Chief Operating Officer
Sep. 24, 2004 - Stanley A. Rabin, Chairman of the Board, President and CEO of Commercial Metals Co. announced the selection of Murray R. McClean as Executive Vice President and Chief Operating Officer of the company. McClean was selected for the newly created position by CMC’s Board.

SMI Steel Products Enters Agreement for SmartBeam Technology
Sep. 22, 2004 - SMI Steel Products, Ark., has signed an exclusive agreement with R.F. Stearns to drive the use of SMI's SmartBeam(R) product in multi-story structures throughout Alaska, Hawaii, Washington, Oregon and Northern California. Leveraging Stearns' design/build capabilities, this strategic alliance will help developers, contractors and architects to improve aesthetics, performance, scheduling and cost for steel frames within parking garages, industrial buildings, office buildings and other commercial structures.

Commercial Metals Reports All Time Record Earnings
Jun. 23, 2004 - Commercial Metals Co. reported net earnings of $50.9 million on net sales of $1.4 billion for the quarter ended May 31, 2004, earning more this quarter than any complete year in the company's history.

CMC Announces Extension of Exchange Offer
Jun. 11, 2004 - Commercial Metals Co. announced that its offer to exchange all of its outstanding 5.625% Senior Notes due 2013 for its registered 5.625% Senior Notes due 2013 will expire at 5:00 p.m., Eastern time, on July 7, 2004.

Transformer Failure Curtails Production at SMI Texas
Jun. 10, 2004 - Structural Metals, Inc. has suffered failure of the primary and principal backup electric arc furnace transformers at its Seguin, Texas, facility (SMI Texas).

CMC Increases Quarterly Cash Dividend by 25%
Jun. 3, 2004 - Commercial Metals Co.’s Board of Directors raised the company’s quarterly cash dividend from eight to ten cents per share, an increase of 25%.

Segment Analysis for Commercial Metals' Second Quarter
Mar. 24, 2004 - Domestic Mill Segment—Rabin continued, "Our Domestic Mill segment's adjusted operating profit was almost four times last year's depressed second quarter. Within the segment, adjusted operating profit for our steel minimills was substantially higher than a year earlier on the strength of improved selling prices and higher shipments while productivity was at exceptionally high levels at all four mills. Production and shipments were up at all of the steel mills. Of course, the extremely rapid rise in steel scrap costs was a significant offset. On a year-to-year basis, tonnage melted for the second quarter was up 19% to 567,000 tons; tonnage rolled was 540,000 tons, 26% above last year's second quarter; and shipments increased 13% to 609,000 tons. Our average total mill selling price was $68 per ton above last year's extraordinarily low level, and the average selling price for finished goods also was up by $68 per ton to $345 per ton. The average scrap purchase cost rose by $58 per ton versus a year ago. Additionally, utility costs increased by $2.9 million compared with the second quarter last year (both from usage and rates), and costs for ferroalloys and graphite electrodes also were higher. Nevertheless, we regained some of the margin we lost in fiscal 2003; the metal spread at $192 per ton was $10 per ton above the second quarter of last year. The copper tube mill's adjusted operating profit was considerably above that of last year's weak second quarter. We benefited from stronger demand, higher copper prices, and relatively good weather. Copper tube production increased 11% and shipments increased 16% against the same period last year. Metal spreads improved by 12 cents per pound to 59 cents per pound despite the sharp rise in the underlying copper scrap price."

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