Commercial Metals Company to Acquire Certain U.S. Rebar Assets from Gerdau

Commercial Metals Company to Acquire Certain U.S. Rebar Assets from Gerdau

SMA member companies Commercial Metals Company (CMC) and Gerdau have agreed to terms of a transaction that will sell certain rebar producing mills in North America. SMA President, Philip K. Bell says, “this represents a win/win for both companies and is aligned with their long-term strategic objectives.”  Attached below are the official press releases from both CMC and Gerdau with more information about this development.

 

CMC Press Release

Gerdau Press Release

2018-01-02T15:07:12+00:00