Commercial Metals Company Enters

New Delhi : IRVING, Texas, April 8, 2011 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) headquartered in Irving, Texas, announced today that it and several of its subsidiaries have entered into a facility with Wells Fargo Bank, N.A to provide for a two year sale of accounts receivables. This new facility, which replaces the accounts receivable securitization program that expired in January 2011, is a two-year program which currently provides committed funding to $100 million and includes the flexibility to increase the funding amount. Commercial Metals Company and subsidiaries manufacture, recycle and market steel and metal products, related materials and services through a network including steel minimills, steel fabrication and processing plants, construction-related product warehouses, a copper tube mill, metal recycling facilities and marketing and distribution offices in the United States and in strategic international markets.