WHERE OUR SUCCESS COMES FROM

Commercial Metals Company has a history of strong performance - including 21 consecutive years of profits. So where does our success come from? Mostly our success comes from steel. Because steel and steel-related products account for more than 75% of your Company's business. Geographically speaking, most of our profits come from North America, although CMC has over 110 locations worldwide with 32% of our revenues generated internationally. And, of course, your Company's success also comes from the hard work and dedication of our people. This year's annual report explores some of the key areas where we achieve success in each of your Company's three operating segments - Manufacturing, Recycling, and Marketing and Trading. And, as you will see, we are committed to building upon past successes to further enhance earnings power and build even greater value for our shareholders.