Cooler China not enough to curb Rabin's ardor

Dec 21, 2004 | 07:44 AM |

The chief executive of Commercial Metals Co. (CMC) is still optimistic about steel for 2005 even though he sees China's growth cooling down somewhat.

"We still have the wind at our back, but perhaps at a lower velocity than in the fourth quarter," Stanley A. Rabin, CMC's chairman and chief executive officer, told analysts Monday. "Our financial results for the first quarter were sensational, but we've seen some shifts in profitability. We've seen a cool-down in....

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