Joe Alvarado, Chairman, President and Chief Executive Officer of Commercial Metals Company said that "objectively, we expect to achieve results in the fourth fiscal quarter similar to those for the quarter ended May 31, 2013."
As a reminder, the company owns four steel mini-plants in Texas, Alabama, South Carolina and Arkansas, one micro-plant in Arizona, one copper production (Howell Metallurgical Company) in Virginia, as well as in Poland.
Mr Alvarado said "US housing is showing some regional improvement, but there is still no sign of a broad recovery."
He said: “While we anticipate a recovery in European markets, we understand that we will continue to lag behind the rest of the world. our products, driven by the economic recovery ".
Meanwhile, Commercial Metals Company and its manufacturing and processing subsidiaries must achieve market leadership in steel, metal products, materials and services.
To achieve these goals, it is necessary to create a single network, including metallurgical mini-factories, technological plants for the production of steel structures, associated with the construction of warehouses, the production of copper pipes and metal processing facilities, as well as marketing and distribution of offices, not only in the United States. but also in strategic international regions.
