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CMC Braves Rough Steel Prices, Expects Strong Rebound in 2025

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. Other companies featured: Danieli Group

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