June 21, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Commercial Metals Company (NYSE:CMC) (CMC) (Irving, Texas) is optimistic about its long-term outlook in North America, with infrastructure-spending programs and investments in large-scale industrial and energy projects driving demand for many of its products. The company is at work on a series of additions and improvements to its "micro mills," facilities that consolidate the many processes involved in steel production.

Industrial Info is tracking about $870 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. "A combination of supply discipline and improved seasonal demand has moved rebar markets in the Western U.S. into much better balance," CMC said in its press release.