March 21, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--Growing opportunities for construction, infrastructure and housing business are good signs for Commercial Metals Company (NYSE:CMC) (CMC) (Irving, Texas), which is pointing to strong prices for domestic scrap metal and moderating imports of rebar as reasons for near-term optimism. Executives expressed confidence in the long-term fundamentals of the U.S. construction market, following a spate of weak steel-product prices.
Industrial Info is tracking nearly $900 million worth of active and planned projects across the U.S. from Commercial Metals, the bulk of which is attributed to steel mill projects in Alabama and West Virginia.
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