"CEO Peter Matt stated, 'The CMC team delivered another strong quarter, driving a more than two-fold increase in core EBITDA compared to a year ago.' This reflects the company's robust performance amid challenging market conditions."
"The nearly $150 per ton swing in metal margins suggests the trade environment is doing real work, indicating a recovery in pricing within the North American segment of the steel industry."
"Nucor reported 34.2% quarterly earnings growth year-over-year, while Steel Dynamics achieved record steel shipments of 13.7 million tons for full-year 2025, confirming positive trends across the industry."
Commercial Metals Company reported fiscal Q2 2026 earnings with revenue of $2.132 billion and net income of $93.03 million, tripling year-over-year. Adjusted EPS was $1.16 per diluted share, with the North America Steel Group showing a 96.9% year-over-year increase in adjusted EBITDA to $269.67 million. The growth was attributed to improved steel product metal margins and average selling prices. The pricing recovery signals a positive shift in the steel industry, supported by structural demand and trade cases affecting imports.
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