Commercial Metals Co CMC

Steel Steel

Commercial Metals Company is engaged in offering products and technologies for the global construction sector through manufacturing network principally located in the United States and Central Europe. The Company’s solutions support construction across a variety of applications, including infrastructure, non-residential, residential, industrial, and energy generation and transmission. Its segments include North America and Europe. The North America segment provides a diverse offering of products and solutions to support the construction sector composed primarily of a vertically integrated network of recycling facilities, steel mills and fabrication operations. The Company’s 43 scrap metal recycling facilities, primarily located in the southeast and central United States process ferrous and nonferrous scrap metals. The Europe segment is composed primarily of a vertically integrated network of recycling facilities, an EAF mini mill and fabrication operations located in Poland.

NYSE:CMC - Post by User

Commercial Metals Co

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Post by mart33on Mar 09, 2008 5:23pm

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Post# 14629677

Dividend

Commercial increased its dividend at the beginning of the year. This tells us that management perhaps has a good outlook for the company despite a possible steel demand slowdown in the US economy. However, the yield is still not that great, but the company is trading at a relatively low PE ratio.

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