Cmc steel news ASR's primary operations include processing and brokering capabil Dec 18, 2023 · IRVING, Texas, Dec. The company stated that demand for CMC’s products in North Nov 6, 2024 · Commercial Metals Company (NYSE: CMC) today issued a statement in response to the jury verdict reached in the Pacific Steel Group v. 2 million, or $2. 02. In connection with the proposed financing, the West Virginia Economic Development Authority (the 'WVEDA') authorized the issuance and sale of Solid Waste Disposal Facility Revenue May 6, 2025 · IRVING, Texas, May 6, 2025 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) ("CMC") announced today the pricing of $150. 25, 2024-- Commercial Metals Company (NYSE: CMC) announced today that it has revised the time of its conference call to be held in conjunction with its fourth quarter earnings release for fiscal 2024 to 10:00 a. 0 million litigation expense, net of estimated tax; adjusted earnings of $88. Sep 15, 2022 · IRVING, Texas, Sept. “The adjusted EBITDA [earnings before interest, taxes, depreciation and amortizaiton] margin for the North America Steel Group of 12. For example, as the largest manufacturer of steel reinforcing bar (rebar) in North America and Central Europe, we are a key supplier to construction projects across two continents. Jan 6, 2025 · COMMERCIAL METALS COMPANY AND SUBSIDIARIES . VANCOUVER, British Columbia, Sept. 73 per share) year-over-year. Oct 17, 2024 · Fourth quarter net earnings of $103. The analysts Jul 27, 2023 · Texas-based Commercial Metals Company held a groundbreaking ceremony Thursday morning for its metals recycling plant in Martinsburg focused on rebar. meldet Ergebnis für das erste Quartal zum 31. We make the steel that goes into the buildings, roads, and bridges around us. Berkeley County Commissioners were on hand for CMC ranked among the Best Companies to Work For by U. Today's publication, which can be found on CMC's sustainability website (esg. 25 per diluted share Fiscal 2023 core EBITDA of $1. 8 percent in the first quarter of fiscal 2024. Pacific Steel Group ('Pacific Steel') filed this lawsuit claiming, among other things, various restraints on trade by CMC. stock news by MarketWatch. 15, 2025 (GLOBE NEWSWIRE) -- CMC Metals Ltd. Residents within 3,000 feet (914 meters) of CMC Recycling — which provides metal recycling services for both residents and industrial clients — have been encouraged to evacuate since Thursday after an employee discovered a 5x5 foot steel box with suspected dynamite. 3% increase in finished steel shipments compared to the prior year seco Jan 6, 2025 · CMC suffers losses in late 2024. Excluding this item, first quarter adjusted earnings were $192. Our Global Reach; Our Values; Board of Directors Find the latest Commercial Metals Company (CMC) stock quote, history, news and other vital information to help you with your stock trading and investing. 54 average news sentiment score of Basic Materials companies. 27, 2024 (GLOBE NEWSWIRE) -- CMC Metals Ltd. This is a higher news sentiment than the 0. 001 billion. Jan 8, 2024 · During the first quarter of fiscal 2024, the Company recorded a net after-tax charge of $16. 5 days ago · Trump Says He Plans to Double Steel, Aluminum Tariffs to 50% aluminum politics steel usa Mon, 02 Jun 2025 00:00:00 GMT U. 26 per share), down from $85. The average selling price for steel products increased by $316 per ton compared to the third quarter of fiscal 2021, while the cost of scrap utilized rose $103 Dec 12, 2024 · UBS downgraded a few steel companies on Thursday, with Steel Dynamics (NASDAQ:STLD) and Nucor (NYSE:NUE) downgraded to Neutral, and Commercial Metals Company (NYSE:CMC) to Sell. Five investment analysts have rated the stock with a hold rating and three have issued a buy rating on the comp Nov 12, 2024 · A California federal jury has issued a $110 million anti-trust verdict against Commercial Metals Company on November 5, finding the Texas-based rebar producer liable for multiple anti-trust violations, while awarding Pacific Steel Group (PSG) millions of dollars due to lost profits and additional damages. Jan 15, 2025 · VANCOUVER, British Columbia, Jan. 18, 2023-- Commercial Metals Company (NYSE: CMC) ('CMC' or the 'Company') today published its Sustainability Report for fiscal 2023, showcasing the Company's key role in the circular economy and its industry-leading environmental performance. Legal setback causes metals and building products company to lose $175 million in the financial quarter running from September to November 2024. The call will be broadcast live over the Internet on Thursday, October 17, 2024, View Commercial Metals Company CMC stock quote prices, financial information, real-time forecasts, and company news from CNN. 8 million in the prior year. Suite 800 Irving Commercial Metals Company (NYSE:CMC) reported second-quarter 2025 results on Thursday, with net sales down 5. com), Commercial Metals Company (CMC), headquartered in Irving, Texas, is a producer of rebar and related products for the construction industry. But the fact is, we create products or provide the metal used by other manufacturers in a wide variety of industries all over the globe. 10, 2022-- Commercial Metals Company (NYSE: CMC) ('CMC') today announced, as the next phase of its long-term growth strategy, a plan to construct another state-of-the-art micro mill geographically situated to primarily serve the Northeast, Mid-Atlantic, and Mid-Western United States markets. ” Mar 20, 2025 · CMC in Asia. 0 million in the second quarter; core EBITDA margin of 7. Pacific Steel Mar 20, 2025 · Commercial Metals Company (CMC) reported second quarter fiscal 2025 results with net earnings of $25. Jan 6, 2025 · First quarter net loss of ($175. 14 per diluted shareConsolidated core EBITDA of $227. 54) per diluted share including approximately $265. While focused on making steel, CMC also takes pride in its recycling efforts and reuse of materials. View real-time stock prices and stock quotes for a full financial overview. ) litigation. Type: All Types. Cal. Oct 28, 2024 · CMC Metals has 212 locations worldwide, with most of those being in the United States. Apr 28, 2025 · IRVING, Texas, Dec. 8 million, or $7. N), opens new tab must face an antitrust lawsuit that accuses it of sidelining a potential competitor by frustrating its efforts to Jun 16, 2022 · Shipment volumes of finished steel, which include steel products and downstream products, followed typical seasonal patterns, and were essentially unchanged from the prior year period. 2025, the board of directors of Commercial Metals Company ("CMC" or Coming soon Adnet Communications Inc. 15, 2022-- Commercial Metals Company (NYSE: CMC) ('CMC') today announced that as part of its strategic expansion in the Western U. 22 per diluted share, compared to $85. 5 million, or $0. President Donald Trump said on Friday he planned to increase tariffs on imported steel and aluminum to 50% from 25%, ratcheting up pressure on global steel producers and deepening his trade war. MT CMC Metals Ltd. The company said, “Pacific Steel Group (“Pacific Steel”) filed this lawsuit claiming, among other things, various restraints on trade by CMC. 56 per diluted share; annual net earnings of $859. 14, 2021 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) today announced financial results for its fiscal fourth quarter ended August 31, 2021. The Texas-based steel and metal manufacturer plans to construct a new facility adjacent Get the latest Commercial Metals Company (CMC) stock news and headlines to help you in your trading and investing decisions. Jan 6, 2025 · “The earnings reduction was driven by lower margins over scrap costs on steel products and downstream products,” CMC says. 90 per diluted share; annual net earnings of $485. D. Cash flows from (used by MESA, AZ (October 25, 2023) – CMC (Commercial Metals Company; NYSE: CMC), along with state and local officials and their honored guests celebrated the grand opening of CMC's new micro mill located in Mesa, Arizona. Earnings from continuing operations were $152. CMC Metals Ltd. 2 million, or $1. Dezember 2024 18. To meet the new demand, Irving, Texas-based CMC plans to invest between $550 million and $600 million to fund growth projects and mergers and acquisitions, SVP and CFO Paul Mar 20, 2025 · Second quarter net earnings of $25. May 6, 2025 · CMC Commercial Metals. 7 million in the first quarter; core EBITDA margin of 11. Eastern Time (9:00 a. 78 per diluted shareConsolidated core EBITDA of $210. 03. Nov 8, 2024 · According to the original 68-page lawsuit filed in 2021, the rebar company (unrelated to metals recycling firm Pacific Steel & Recycling of Montana) was dissatisfied with its inability to gain an exemption to import steel or CMC’s ability to supply it adequately with semi-finished rebar—especially as CMC itself acquired additional rebar CMC Commercial Metals Company. Pioneered by CMC, we are the first steelmakers in the world to successfully operate technology of this type. CMC believes that the location and c Steel mill innovation results in high-quality products. litigation. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). 5, 2024-- Commercial Metals Company (NYSE: CMC) today issued a statement in response to the jury verdict reached in the Pacific Steel Group v. it has acquired Advanced Steel Recovery, LLC (ASR), a leading supplier of recycled ferrous metals located in Southern California. (TSX-V: CMB) (Frankfurt:ZM5P) (“CMC” or the “Company”) is pleased to present a new vision for its future and 4 days ago · CMC | Complete Commercial Metals Co. 56 per diluted share, on Oct 2, 2023 · New Identity Honors CMC's Heritage While Affirming its Growth, Strength & the Promise of a Sustainable Future IRVING, Texas, Oct. Sure, a lot of folks (including us) talk about how CMC steel forms the framework of stadiums, skyscrapers and superhighways. In addition, Fisher said, the company has a strong presence in Poland. CMC's 242nd consecutive quarterly dividend will be paid on April 9, 2025, to stockholders of record as of CMC: Commercial Metals Co - Stock Price, Quote and News - CNBC Apr 25, 2025 · IRVING, Texas, April 25, 2025-- Commercial Metals Company (NYSE: CMC) ('CMC') plans to launch a proposed tax-exempt bond financing today in the amount of $150. CI CMC Metals Ltd. 0 million in original aggregate principal amount of Solid Waste Disposal Facility Revenue Bonds (Commercial Metals Company Project), Series 2025 (the "Bonds"), to be issued through the West Virginia Economic Development Authority (the "WVEDA"). Follow $49. 92. m. 5 billion, down only modestly from the record set in fiscal 2022 Generated record annual cash flow from operating activities of $1. Commercial Metals Co. Three Months Ended November 30, (in thousands) 2024. News & World Report (2024-2025) Recognized as a VETS Indexes 3 Star Employer (2024) Named one of America's Greatest Workplaces for Diversity by Newseek (2024) Apr 25, 2025 · Commercial Metals Company (NYSE: CMC) has announced plans to launch a $150 million tax-exempt bond financing through the West Virginia Economic Development Authority (WVEDA) to partially fund a new steel mill project in Berkeley County, West Virginia. 4 percent declined from 16. 62%) CMC News. View the latest Commercial Metals Co. CMC is an industry leader. meldet Ergebnis für das Geschäftsjahr bis zum 30. 2, 2023 /PRNewswire/ -- CMC (Commercial Metals Company) (NYSE:CMC), a global solutions provider to the construction industry, has unveiled a refreshed identity to better represent the goals, commitments and evolution of the 108-year-old company. 0%Late season construction activity drove ye Jan 10, 2022 · IRVING, Texas, Jan. (TSX-V: CMB) (Frankfurt:ZM5P) (“CMC” or the “Company Aug 17, 2020 · ~ New Steel Micro Mill to be Built in Mesa, Arizona ~ Mesa, AZ -- The Arizona Commerce Authority (ACA) and City of Mesa — in partnership with Salt River Project (SRP) — announced the expansion of Commercial Metals Company (NYSE: CMC). 3 million, or $1. Central). 3 million ($0. It operates through three segments: North America Steel Group; Europe Steel Group; and Emerging Businesses Group. 754 billion, broadly in line with the analyst expectations of 5 days ago · Commercial Metals (NYSE:CMC - Get Free Report) has been assigned a consensus rating of "Hold" from the eight brokerages that are presently covering the firm, Marketbeat Ratings reports. 8 million, or $0. 22 per diluted share; adjusted earnings of $29. 21 2. Their solutions are used for a number of applications 5 days ago · About CMC. cmc. 3 million, or $0. Apr 11, 2023 · Steel and metal manufacturer Commercial Metals Company has seen an increased demand for its products as federal funding spurs domestic investment in infrastructure projects. CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED). Show Full Stories. 9 million, or $0. Nov 6, 2024 · Commercial Metals issued a statement in response to the jury verdict reached in the Pacific Steel Group v. 62 (+5. Sep 25, 2024 · IRVING, Texas, Sept. Jan 29, 2025 · CMC Metals ändert seinen Namen und führt einen Aktiensplit im Verhältnis 1 zu 10 durch 21. Oct 12, 2023 · Fourth quarter net earnings of $184. 63 per diluted share, compared to adjusted earnings of $266. 996 billion, missing the consensus of $2. (N. 7 million, or $1. 2023. with a $110 million antitrust verdict on Tuesday, finding the Texas rebar giant liable for multiple antitrust violations and awarding Pacific Steel Group millions of dollars in lost profits and other damages. Jul 1, 2024 · July 1 (Reuters) - Steel rebar giant Commercial Metals (CMC. This feature available only for pro users. Apr 18, 2025 · Commercial Metals Company (CMC) is making a significant investment in West Virginia by constructing a state-of-the-art micro mill in Berkeley County. 0 million. 5 million, or $4. 3 billion and record annual free ca A high-level overview of Commercial Metals Company (CMC) stock. Our Company. CMC: Commercial Metals Co - Stock Price, Quote and News - CNBC 6 days ago · News Sentiment Commercial Metals has a news sentiment score of 0. CMC advanced the latest innovation in steel-making technology using a continuous process at our EAF micro mills in Mesa, Arizona and in Durant, Oklahoma. Global News Select Jun 2, 2025, 3:31:00 PM. 18 per share of CMC common stock. Oct 17, 2024 · Commercial Metals Company (NYSE:CMC) reported fourth-quarter net sales of $1. November 5, 2024. Announces Clarifying News Release. 7) million, or ($1. (CMC) stock price, news, historical charts, analyst ratings and financial information from WSJ. Stock Price & Overview. 0 billion, compared to prior year earnings from continuing operations of $67. . A California federal jury hit Commercial Metals Co. 26 per diluted shareConsolidated core EBITDA of $131. We would like to show you a description here but the site won’t allow us. As a civil engineer, coming to a big company like CMC was a big move towards growing my career. Commercial Metals Co. 8, 2022 -- Commercial Metals Company (NYSE: CMC) ("CMC") today announced that it has selected Berkeley County, West Virginia, as the site of its fourth micro mill (MM4). 5 days ago · See the latest Commercial Metals Co stock price (CMC:XNYS), related news, valuation, dividends and more to help you make your investing decisions. 24 per diluted share, in the prior year period. The project, budgeted to cost approximately $450 million net of incentives, is expected to have an annual capacity of 500,000 tons and employ approximately Get the latest Commercial Metals Co (CMC) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions. Adjusted earnings were $29. Search. Metal Recycling; Tensar; Industries We Serve; Projects; CMC Commercial Metals 6565 N. Nov 5, 2024 · IRVING, Texas, Nov. 24 per diluted share, on net sales of $2. Oct 14, 2021 · IRVING, Texas, Oct. A trial on Pacifi Aug 8, 2024 · CMC and Nucor are the two largest suppliers of reinforcement steel used in concrete for construction in the United States and Central Europe. 5%Solid North American construction demand drove a 3. Along with Nucor , it is one of two primary suppliers of steel used to reinforce concrete in buildings, bridges, roads, and infrastructure in the U. CMC develops innovative products and solutions that strengthen and reinforce a wide range of demands within the markets we serve. Top cryptocurrency prices and charts, listed by market capitalization. High-strength steel for heavy equipment? Check. It’s rewarding to see our work make a direct impact in our own community. Commercial Metals Company manufactures, recycles, and fabricates steel and metal products, and related materials and services in the United States, Poland, China, and internationally. News Coverage Apr 25, 2025 · IRVING, Texas, April 25, 2025-- Commercial Metals Company (NYSE: CMC) ('CMC') plans to launch a proposed tax-exempt bond financing today in the amount of $150. 4%Solid construction activity provided stability in North America shipment volumes; margins pressured by decline in ave Apr 28, 2025 · Irving, Texas-based CMC has announced plans to raise funds through a proposed tax-exempt bond financing issuance in West Virginia tied to the recycled-content steel producer’s plans to build a mill in that state. Free access to current and historic data for Bitcoin and thousands of altcoins. 4 million related to commissioning efforts at the Arizona 2 micro mill. 9 million ($0. 1% year-over-year to $1. View (CMC) real-time stock price, chart, news, analysis, analyst reviews and more. S. 1 million in the fourth quarter; core EBITDA margin of 11. In connection with the proposed financing, the West Virginia Economic Development Authority (the 'WVEDA') authorized the issuance and sale of Solid Waste Disposal Facility Revenue Mar 19, 2025 · IRVING, Texas, March 19, 2025 /PRNewswire/ -- Today, March 19, 2025, the board of directors of Commercial Metals Company ("CMC" or the "Company") (NYSE: CMC) declared a regular quarterly cash dividend of $0. MacArthur Blvd. mnaq ncpsdhq ghthdvb iqg rsgc utija zwdsj ayfy jqfmboh ojnynf