Shutdowns to eat into CMC earnings
Dec 19, 2011 | 06:02 PM
| Michael Cowden
Tags
CMC,
Sisak,
Croatia,
pipe mill,
steel tube,
steel pipe,
Michael Cowden
TORONTO Commercial Metals Co. (CMC) has issued quarterly earnings estimates as it ceased output in the melt shop and rolling mill of its pipe manking plant in Sisak, Croatia.
Final shipments will be made in the second quarter of fiscal 2012, the Irving, Texas-based steelmaker said Monday.....
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