Commercial Metals Company's revenue increased in the third quarter

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.