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    March 24, 2023

    CMC Earnings Hit By Weather Woes, Planned Outage

    Commercial Metals Co.’s (CMC’s) net earnings slipped 53% in its fiscal 2023 second quarter compared with the same period a year earlier on weather issues and a planned outage.

    CMC earns2023 03 24 at 1.06.56 PM“CMC achieved strong financial results during the second quarter while managing a number of challenges, including weather-related shipment disruptions in our core geographies, costs associated with a major planned outage and steel product metal margin pressures,” Barbara R. Smith, CMC chairman, president, and CEO, said in a statement.

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