Commercial Metals Company

NYSE: CMC
$54.45
-$0.65 (-1.2%)
Closing price April 23, 2024
Commercial Metals Company is a global leader in the steel and metal industry, with operations in the United States, Poland, China, and beyond. Founded in 1915 and based in Irving, Texas, this company specializes in manufacturing, recycling, and fabricating steel and metal products. It caters to a wide range of industries by processing and selling both ferrous and nonferrous scrap metals, producing long steel products like reinforcing bar and merchant bar, and offering fabricated rebar for construction projects. Additionally, it serves the military, energy market, and construction sectors with specialized products like armor plates and strength bars.
With pricing firm, and export potential and demand at home still strong, these steel stocks make sense for growth investors, especially after significant price pullbacks.
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With steel pricing firm and export potential and demand at home still strong, these stocks make sense for growth investors.
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