IRVING, Texas, Nov. 30 /PRNewswire-FirstCall/ -- Commercial Metals
Company (NYSE: CMC), headquartered in Irving, Texas, announced today that
it has entered into a definitive purchase agreement with Bruhler
Stahlhandel GmbH to acquire substantially all the operating assets of its
steel fabrication business in Rosslau/Saxony-Anhalt in eastern Germany. The
acquisition, to be made by CMC's subsidiary Commercial Metals Deutschland
GmbH, is subject to regulatory approval and is expected to close by the end
of the year.
    The fabrication unit has an annual capacity of 40'000 tons with
customers in the eastern and western part of Germany serving the
construction industry. It reaches the major markets surrounding Leipzig,
Halle, Berlin, Hanover and Hamburg.
    Hanns Zoellner, President of CMC's Marketing and Distribution Segment,
who will have responsibility for the operations, said, "This acquisition
continues our vertical integration strategy in Central Europe by enhancing
our downstream capability in a strategic market."
    Ludo Gajdos, president of CMC Zawiercie S.A., CMC's Polish steel
minimill, added, "Major synergies exist between this acquisition and our
current Polish operations. This will complement our fabrication operation
in Zawiercie, Poland, extending our reach to western Poland and eastern
Germany while providing more base load for our minimill."
    Commercial Metals Company and subsidiaries manufacture, recycle and
market steel and metal products, related materials and services through a
network including steel minimills, steel fabrication and processing plants,
construction-related product warehouses, a copper tube mill, metal
recycling facilities and marketing and distribution offices in the United
States and in strategic overseas markets.

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