CMC's recycling unit eyes scrap pickup as loss slims

摘要

Scrap prices are showing signs of strength, but it is too early to tell whether the looming rebound in raw materials will work to return Commercial Metals Co.'s (CMC's) recycling segment to profitability in the near future."We're always aiming to be profitable, and it is a little early in the quarter to know how it is going to play out," chief operating officer Barbara R. Smith told analysts during a conference call.