AllAnalyst Report
logoMorningstarOctober 08, 2020

Commercial Metals Company: No Major Surprises From U.S. Steelmakers' Q3 Guidance; Profits Improve but Remain Under Pressure

Symbols
CMC
Sector(s)
Basic Materials
Rating
Current Price
$29.63
Fair Value
Economic Moat
Stewardship
Summary

Commercial Metals operates steel minimills, steel fabrication plants, and metal recycling facilities in the United States and Poland. The company primarily manufactures rebar and structural steel, which are key product categories for the nonresidential construction sector.

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Analyst Profile

Andrew Lane

Strategist
Andrew Lane is a strategist on the basic materials equity research sector team for Morningstar Research Services LLC, a wholly owned subsidiary of Morningstar, Inc. He covers aluminum, steel, specialty metals, and specialty chemicals companies. Lane also serves as a strategist on the Morningstar indexes team.Before joining Morningstar in 2013, Lane earned a Master of Business Administration, with a specialization in applied security analysis, from the University of Wisconsin-Madison.During summer 2012 he worked as an international-equity research intern for Scout Investments. Before business school, he spent three years at Harris Associates LP, working in the trading operations group.Lane also holds a bachelor’s degree in economics and history from Boston College. He has passed Level II of the Chartered Financial Analyst® program.