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Commercial Metals Company's net earnings and sales rise

In the first quarter of 2023, Commercial Metals' net earnings and sales increased compared to the same period of the previous year.

Commercial Metals Company's net earnings and sales rise

US steel and metals producer Commercial Metals Company announced that its net earnings and net sales increased by 12.4% and 10% year-on-year, respectively, to USD 2.2 billion and USD 261.8 million and USD 2.2 billion, respectively, in its financial results for the fiscal year ending November 30, 2022.

The company's Chairman and Chief Executive Officer noted that strong demand in North America drove near-record quarterly segment adjusted EBITDA.

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