CMC News and Press, Commercial Metals Company From 09/16/20

U.S. Steel ( X +3.8% ) surges after raising prices on new orders of benchmark steel products, but some industry observers do not believe the move signals a post-pandemic rebound in demand , and supplies remain tight as steel plant usage has been running near multi-year lows. More ne...

IRVING, Texas , Sept. 15, 2020 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC), in conjunction with its fourth quarter earnings release for fiscal 2020, invites you to listen to its conference call that will be broadcast live over the Internet on Thursday, October 15, 2020 , a...

This article series shows every month a dashboard with aggregate industry metrics in materials. Most of the companies used to calculate these metrics are holdings of the Materials Select Sector SPDR ETF ( XLB ). Therefore, this is also a top-down survey of XLB. Shortcut If you are used t...

Prudent forethought is spurring several analyst teams to take a look at stock implications resulting from a potential change of party in the White House. Most recently, Oppenheimer took a stab at industrial/resource tickers impacted by the election ; Baird evaluated restaurant winners in c...

This article series shows every month a dashboard with aggregate industry metrics in energy (popular ETFs: XLE, XOP, VDE, IYE, FDN ) and basic materials (popular ETFs: XLB, IYM, VAW, GDX ). Shortcut If you are used to this dashboard series or if you are short of time, you...

Commercial Metals (NYSE: CMC ) says it will build a new merchant bar quality micromill at its Arizona operations near Phoenix and divest its southern California rebar facility. More news on: Commercial Metals Company, Commodities news, Read more ...

IRVING, Texas , Aug. 13, 2020 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) today announced it will build its third micro mill.  The mill will be the first in the world to produce merchant bar quality (MBQ) products through a continuous-continuous production process. &#x...

IRVING, Texas , July 29, 2020 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) today announced that it will host a virtual Investor Day for the financial community on Thursday, August 13 th . Chairman of the Board, President and Chief Executive Officer, Barbara Smith , joined by m...

I turned more positive on Steel Dynamics (STLD) after the last quarter , largely on a "it's really not that bad" call, and the shares have done alright since then, with the 19% total return beating the S&P by a bit, as well as beating other steel names like Nucor ( NUE ) (though not...

This article series has been releasing every month since 2015 a dashboard with aggregate industry metrics in energy (most popular ETFs in this sector: XLE, XOP, VDE, IYE, FDN ) and basic materials (most popular ETFs in this sector: XLB, IYM, VAW, GDX ). Shortcut If you ar...