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Commercial Metals Company (CMC) Q4 2025 Earnings Call Transcript

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Operator

Hello, and welcome, everyone, to the Fiscal 2025 Fourth Quarter and Year-end Earnings Call for CMC.

Joining me on today’s call are Peter Matt, CMC’s President and Chief Executive Officer; and Paul Lawrence, Senior Vice President and Chief Financial Officer.

Today’s materials, including the press releases and supplemental slides that accompany this call can be found on CMC’s Investor Relations website.

Today’s call is being recorded. After the company’s remarks, we will have a question-and-answer session, and we’ll have a few instructions at that time. I would like to remind all participants that today’s discussion contains forward-looking statements, including with respect to economic conditions effects of legislations and trade actions, U.S. steel import levels, construction activity, demand for finished steel products, the expected capabilities, benefits, costs, and timeline for construction of new facilities, the benefits and impact of the pending acquisitions of Foley Products Company and Concrete Pipe & Precast the company’s operations, the company’s strategic growth plan and its anticipated benefits, legal proceedings, the company’s future results of operations, financial measures and capital spending. These statements reflect the company’s beliefs based on current conditions, but are subject to risks and uncertainties.

The company’s earnings release, most recent annual report on Form 10-K and other filings with the U.S. Securities and Exchange Commission contain additional

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