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commercial metals E12CEF05-1876-41A8-9560-0FADE6D607D9_2008_AR
This annual report summarizes Commercial Metals Company's (CMC) performance in fiscal year 2008. Some key points: - Net earnings were $232 million on $10.4 billion in sales, down from the previous year due to a large LIFO expense. - CMC continued investing in new facilities, technology, and international and domestic capacity expansion. - Demand was strong globally due to emerging markets, though slowed at the end of the fiscal year. CMC's strategy focuses on vertical integration and product/geographic diversification.
