Commercial Metals Company Results Presentation Deck
Europe Segment Shipments Remain Supported by Strong Cost Position
CMC has maintained strong volumes by leveraging a favorable cost position and advantageous commercial and operational flexibility, even in
challenging industrial end markets.
Poland and Germany Manufacturing PMIS¹
65
60
55
50
45
40
35
Poland Construction Volume Index² (May 2021-100)
130
120
110
100
90
80
May-21
Jul-21
Sep-21
CMC
Jan-22
Nov-21
Poland
Mar-22
Germany
May-22
Jul-22
Sep-22
Nov-22
Jan-23
[1] Data from S&P Global manufacturing PMI report
[2] Data from Eurostat
Mar-23
CMC Europe Steel Shipments
(Trailing 4-quarter basis in short tons)
550,000
500,000
450,000
400,000
350,000
300,000
250,000
200,000
150,000
Q1-15
Long-term average
Q3-15
Q1-16
Investment in an additional rolling
line has improved ability to
navigate today's dynamic market
Q3-16
Q1-17
Q3-17
Q1-18
CMC Commissions 3rd
Rolling Line
Q3-18
Q1-19
Q3-19
Q1-20
Q3-20
Q1-21
Q3-21
Q1-22
Q3-22
Q1-23
Q3-23
Shipment Breakdown
(Quarterly average in short tons)
500,000
450,000
400,000
350,000
300,000
250,000
200,000
150,000
100,000
50,000
0
Billet
Wire
MBQ
Rebar
The Polish government passed a measure to support the housing market by offering first time homebuyers 2% interest rates on mortgage debt. This compares
to the current rate of 9%. The legislation is expected to go into effect in July and could provide a meaningful benefit to the Polish construction sector.
FY 2013 to Q4 '21 to
Q3' 21 Q3 '23
Q3 FY23 Supplemental Slides | June 22, 2023
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