In the financial report for the third quarter of fiscal year 2018, which ended on May 31st, Commercial Metals Company (CMC) stated that their net income rose to approximately US$40 million compared to US$39.3 million in the same period the previous year. Moreover, their sales revenue increased to US$1.2 billion from US$1 billion in the corresponding period last year.
The surge in revenue can be attributed to robust demand from different sectors and a rise in production from CMC's micro mill located in Durant, Oklahoma.
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