Core Viewpoint - Commercial Metals Company (CMC) has announced the acquisition of Concrete Pipe & Precast, LLC (CP&P) for $675 million, enhancing its commercial portfolio in early-stage construction solutions and addressing structural demand in the construction industry [1] Group 1: Acquisition Details - The acquisition of CP&P is aimed at expanding CMC's commercial portfolio in early-stage construction solutions [1] - The cash purchase price for CP&P is set at $675 million, subject to customary adjustments [1] Group 2: Strategic Benefits - This acquisition deepens CMC's exposure to structural demand tailwinds in the construction sector [1] - It enhances CMC's ability to address construction challenges such as labor scarcity and project timelines [1] - The deal establishes a significant and scalable new growth platform for CMC with a strong regional leader in an attractive industry [1] Group 3: Financial Impact - The acquisition is expected to enhance CMC's financial profile, being accretive to earnings per share and free cash flow per share in the first year [1]

Accessibility StatementSkip Navigation IRVING, Texas, Sept. 16, 2025 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC), in conjunction with its fourth quarter and full year earnings release for fiscal 2025, invites you to listen to its conference call that will be broadcast live over the Internet on Thursday, October 16, 2025, at 11:00 a.m. Eastern Time (10:00 a.m. Central) with Peter Matt, President and Chief Executive Officer, and Paul Lawrence, Senior Vice President and Chief Financial Officer. Comm ...

Core Viewpoint - Cielo Waste Solutions Corp. has launched Project Nexus, a flagship clean fuels initiative aimed at transforming waste into renewable fuels, which will serve as the foundation for a scalable clean energy model known as the NEXUS Platform [1][2][5]. Group 1: Project Overview - Project Nexus is designed to convert challenging waste streams, such as creosote-treated railway ties, woody biomass, and agricultural residues, into renewable fuels like natural gas and hydrogen [2]. - The initiative aims to establish a replicable framework for waste-to-fuel facilities across various jurisdictions, enhancing the company's ability to expand its operations [2][3]. Group 2: Strategic Vision - The long-term vision for the NEXUS Platform is to enable Cielo to expand its operations across Canada and into global markets, allowing for flexibility and scalability tailored to local feedstocks and market conditions [3]. - The project is seen as a cornerstone of Cielo's growth strategy, positioning the company at the forefront of Canada's clean energy transition and paving the way for global waste-to-fuel innovation [5]. Group 3: Funding and Support - Cielo has submitted a $5 million grant application under the Canadian Clean Fuels Fund and is pursuing additional funding from various programs, which could significantly reduce capital requirements and enhance project economics [6]. - The recent announcement of a $370 million Biofuels Production Incentive by the Government of Canada is viewed positively, reflecting a commitment to advancing clean energy and fuels, which may benefit the broader operating environment for renewable fuel producers [7][8]. Group 4: Trading Information - Cielo's common shares have commenced trading on the OTCQB Venture Market under the symbol "CWSFF," in addition to trading on the TSX Venture Exchange under the symbol "CMC" [9].

Summary of Key Takeaways from the SMU Steel Summit 2025 Industry Overview - The conference focused on the North American steel market, with over 1,500 attendees from more than 500 companies, including producers, service centers, traders, consultants, and regulators [1] Core Insights 1. **Mixed Sentiment on Demand**: - Industry participants expressed a mixed outlook for demand in the second half of 2025 compared to the first half, with some expecting a decline in volumes while others anticipated steady demand [2][4] - Average volumes in the first half of 2025 were reported to be up 3-5% year-over-year, but flat volumes for the year would be considered a win by some [4] 2. **US HRC Pricing Expectations**: - There is a consensus that US Hot-Rolled Coil (HRC) pricing could remain stable to slightly improve due to continued import displacement, with expectations for prices to stay between $800-$900 per short ton in 2025 [2][4] 3. **Tariff Stability**: - Most participants believe that US tariffs on imported steel will remain in place, although there is uncertainty regarding the final levels and potential exceptions, particularly concerning Canada and Mexico [2][4] 4. **Cautious Optimism for 2026**: - Overall sentiment reflects cautious optimism for the near term, with a more constructive outlook heading into 2026 [3] Company-Specific Insights 1. **Nucor Corporation (NUE)**: - Rated as a Buy with a 12-month price target of $182, based on an 8.8x multiple on revised EBITDA estimates [6] - Risks include lower-than-expected demand from fiscal stimulus, stalled steel price improvements, and underperformance from recent acquisitions [6] 2. **Commercial Metals Company (CMC)**: - Also rated as a Buy with a 12-month price target of $67, based on a 7.5x multiple on EBITDA estimates [6] - Similar risks as NUE, including smaller-than-expected growth in the Emerging Business Group and demand from fiscal stimulus [6] 3. **Cleveland-Cliffs Inc. (CLF)**: - Rated as a Buy with a 12-month price target of $12.85, based on a 7.2x multiple on EBITDA estimates [6] - Risks include lower-than-expected cash flow and prolonged downturns in US automotive production, which constitutes about one-third of CLF's direct sales [6] Additional Considerations - The conference highlighted the importance of understanding the dynamics of the steel industry, including the impact of tariffs, pricing stability, and demand fluctuations, which are critical for investment decisions in this sector [2][4][5]

Core Points - Commercial Metals Company (CMC) has received the Obelisk Award for Arts Education from the Business Council for the Arts (BCA), recognizing its support for arts and culture in North Texas [1][5] - CMC has hosted the annual 'Scrap Can Be Beautiful' contest for 46 years, partnering with Booker T. Washington School for the Performing and Visual Arts, where students create sculptures from metal scrap materials [2][3] - The competition promotes environmental sustainability by repurposing metal scrap into art, aligning with CMC's commitment to sustainability since its founding over 100 years ago [3][4] Company Overview - CMC is an innovative solutions provider focused on building a stronger, safer, and more sustainable world, primarily serving the global construction sector [4] - The company operates an extensive manufacturing network in the United States and Central Europe, offering products and technologies for various construction applications, including infrastructure and energy generation [4] Business Council for the Arts Overview - The Business Council for the Arts, founded in 1988, is a nonprofit organization that promotes business support for arts and culture in North Texas [5] - BCA's initiatives include arts-based employee engagement programs and the annual Obelisk Awards, which celebrate business-arts partnerships and their impact on the cultural landscape [5]

Group 1 - Cielo Waste Solutions Corp. has announced the extension of its non-brokered private placement offering of up to 60,000,000 units at a price of $0.05 per unit, with the closing date extended to August 15, 2025 [1] - The first tranche of the offering was previously announced on July 28, 2025, indicating ongoing investor interest and capital raising efforts [1] - Cielo is focused on transforming waste materials into high-value products, contributing to the circular economy and reducing carbon emissions [3] Group 2 - The company aims to be a leader in the wood by-product-to-fuels industry by utilizing environmentally friendly and economically sustainable technologies [3] - Cielo's shares are publicly traded on the TSX Venture Exchange under the symbol "CMC" and on the OTC Pink Market under "CWSFF" [3] - The company is committed to providing environmental waste solutions that are expected to generate positive returns for shareholders [3]

Core Points - Cielo Waste Solutions Corp. has successfully closed the first tranche of its non-brokered private placement offering, raising gross proceeds of C$886,250 by issuing 17,725,000 units at a price of $0.05 per unit [1][2][3] - The net proceeds from the offering will be utilized for the development of a waste-to-hydrogen facility in British Columbia, regulatory applications, and general working capital, including settling an outstanding amount of approximately $750,000 [4] - The company has also completed a settlement of $1,967,766 in outstanding debt through the issuance of securities, including 33,523,323 repayment units and 5,832,178 common shares to settle debts with multiple creditors and insiders [6][9] Private Placement Details - Each unit in the first tranche consists of one common share and one warrant, allowing the purchase of an additional common share at $0.07 for two years [2][3] - The offering has received conditional approval from the TSX Venture Exchange, with a hold period for the securities expiring on November 26, 2025 [3][8] - The company anticipates closing additional tranches of the offering by August 11, 2025 [3] Securities for Debt Transactions - The company issued repayment units at a price of $0.05 to settle $1,676,156 of the debt, and common shares to insiders to settle $291,609 of the debt [6][9] - Each repayment unit includes a warrant that allows the purchase of a common share at $0.15 for two years [7] - The securities issued in the debt settlement are also subject to a hold period expiring on November 26, 2025 [8] Company Overview - Cielo Waste Solutions Corp. focuses on transforming waste materials into high-value products, contributing to the circular economy and reducing carbon emissions [11] - The company aims to be a leader in the wood by-product-to-fuels industry by utilizing environmentally friendly and sustainable technologies [11]

Group 1: Industrial Sector Overview - The industrial sector is currently experiencing neglect as investor focus and capital have shifted towards the artificial intelligence sector, indicating a potential future rotation back to industrials [1] - Implementing dollar-cost averaging (DCA) can help investors gradually expose their portfolios to the industrial sector, which shows significant upside potential [2] Group 2: Cleveland-Cliffs Inc. - Cleveland-Cliffs Inc. is highlighted as a potential catch-up play in the steel industry, currently trading at only 68% of its 52-week high, while peers are trading at an average of 90% [5] - Analyst Phillip Gibbs from KeyCorp upgraded Cleveland-Cliffs' rating from Sector Weight to Overweight, setting a price target of $14 per share, suggesting approximately 40% upside potential [6][7] - Institutional buyers, such as JB Capital, increased their holdings in Cleveland-Cliffs by 14.6%, indicating growing interest in building positions through DCA [8] Group 3: Commercial Metals Co. - Commercial Metals Co. is noted for its exposure to both aluminum and steel production in the U.S. and China, providing a valuable business opportunity amid trade tariff uncertainties [10] - Analysts project a significant increase in earnings per share (EPS) for Commercial Metals, estimating $1.25 for Q4 2025, a 70% increase from the current $0.74 EPS [11] - The stock is currently trading at a price-to-earnings (P/E) ratio of 167.3, reflecting market willingness to pay a premium for expected outperformance [12][13] Group 4: Steel Dynamics Inc. - Steel Dynamics is recognized as a strong performer in the steel industry, with analysts boosting its valuation target from $138 to $150 per share, indicating a potential 20% upside [14] - Expected EPS growth for Steel Dynamics is projected at $2.88 for Q4 2025, suggesting a 43% growth rate from the current $2.01 EPS [15][16] - Institutional investors, such as Robeco Institutional Asset Management, increased their holdings in Steel Dynamics by 40.6%, reflecting confidence in the stock's performance [18]

Group 1 - The company has a strong academic foundation with an MBA in Finance and an MD, enhancing its expertise in the financial sector [1] - The firm specializes in income investing and biotech/pharma investing, with nearly a decade of experience in these areas [2] - The organization focuses on identifying both short-term catalyst-driven opportunities and long-term investment strategies in the biotech sector [3] Group 2 - Subscribers receive regular portfolio trade alerts and have access to an interactive chat feature, promoting engagement and support [4] - The company has published a best-selling book on biotech investing and offers an online course, showcasing its commitment to educating investors [4] - The firm provides custom biotech analysis upon request, ensuring tailored insights for its audience [4]

Core Viewpoint - Commercial Metals (CMC) reported a decline in earnings and sales in its most recent earnings report, missing estimates, but the stock has shown a positive trend in the month following the report, outperforming the S&P 500 [1][2][3]. Financial Performance - Adjusted earnings per share (EPS) for Q3 fiscal 2025 were 74 cents, missing the Zacks Consensus Estimate of 85 cents, and down 27.5% year over year [3]. - Net sales for the quarter were $2.02 billion, slightly above the Zacks Consensus Estimate of $2.01 billion, but down from $2.08 billion in the previous year [3]. - Cost of goods sold decreased by 1% year over year to $1.72 billion, while gross profit fell 11.9% to $300 million [4]. - Core EBITDA was reported at $204 million, down 20.3% year over year [4]. Segment Performance - The North America Steel Group generated net sales of $1.56 billion, down from $1.67 billion year over year, with adjusted EBITDA of approximately $186 million compared to $246 million in the prior year [5]. - The Europe Steel Group's revenues increased by 18.6% year over year to $247.6 million, with adjusted EBITDA improving to $3.6 million from a negative $4.2 million [6]. - The Emerging Businesses Group reported net sales of $197 million, up from $188.5 million year over year, with adjusted EBITDA increasing by 7.9% [7]. Cash Flow and Balance Sheet - Cash and cash equivalents at the end of Q3 fiscal 2025 were $893 million, up from $858 million at the end of fiscal 2024 [8]. - Long-term debt increased to $1.30 billion from $1.15 billion at the end of fiscal 2024 [8]. - Cash generated from operating activities for the nine months ended May 31, 2025, was approximately $400 million, down from $548 million in the prior year [8]. Dividend and Outlook - A quarterly dividend of 18 cents per share was declared, payable on July 9 to shareholders of record as of June 30, 2025 [9]. - The company expects consolidated financial results in Q4 fiscal 2025 to improve from Q3 levels, with anticipated increases in adjusted EBITDA margins for the North America Steel Group and the Europe Steel Group [10][11]. Estimate Trends - Fresh estimates for the company have trended upward over the past month, with a consensus estimate shift of 17.21% [12]. - The stock has an average Growth Score of C and a value grade of B, resulting in an aggregate VGM Score of B [13]. - The company holds a Zacks Rank 3 (Hold), indicating expectations for an in-line return in the coming months [14].