Can Commercial Metals' TAG Program Drive Margin Expansion?

Key Takeaways Commercial Metals' TAG program targets $150M annualized EBITDA benefit by FY26.CMC saw 1Q26 margin gains from scrap optimization, yield gains and reduced leakage.Commercial Metals expects TAG to drive lasting margin transformation beyond FY27.Commercial Metals Company’s (CMC) Transform, Advance, Grow (TAG) Program focuses on driving higher through-the-cycle margins, earnings, cash flows and ROIC. CMC expects an annualized EBITDA benefit of $150 million in fiscal 2026 from the program.Launched ...