Some numbers discussed or presented will be non-GAAP financial measures and reconciliations for such numbers can be found in the company's earnings release or on the company's website.Unless stated otherwise, all references made to year or first quarter are references to the company's fiscal year or first fiscal quarter, respectively.Lipschitz Macquarie Research - Senior Analyst* Matthew Korn* Philip Ross Gibbs Key Banc Capital Markets Inc., Research Division - VP and Equity Research Analyst* Ralph Wayne Atwell Ascendiant Capital Markets LLC - MD* Sean-M Wondrack Deutsche Bank AG, Research Division - VP & Senior Credit Analyst* Seth Rosenfeld Jefferies LLC, Research Division - Equity Analyst================================================================================Presentation--------------------------------------------------------------------------------Operator [1]--------------------------------------------------------------------------------Hello, and welcome everyone to today's Commercial Metals Company First Fiscal Quarter of 2018 Earnings Call. (Operator Instructions)I would like to remind all participants that during the course of this conference call, the company will make statements that provide information other than historical information and will include expectations regarding key macroeconomic drivers that impact our business, our margins, refinancing plans, the exit from our International Marketing and Distribution segment, the company's future operations, the company's planned new steel mill in Oklahoma, capital spending and the company's planned acquisition of certain U. These statements reflect the company's expectations and beliefs based on current conditions, but are subject to certain risks and uncertainties, including those that are described in the Risk Factors section of the company's latest annual report on Form 10-K.

equipment inventory liquidating capital asset-44

We have recently secured our first order for this product and are discussing its potential use with other customers with various applications around the world.

With that as an overview, I will now turn the discussion over to Mary Lindsey, Senior Vice President and Chief Financial Officer.--------------------------------------------------------------------------------Mary A.

I would like to acknowledge every CMC employee who was impacted by those events and who are still suffering.

We continue to assist employees where we can until they have fully recovered from their loss.

We've completed all of the major commissioning activities, and very soon we will be starting the ramp up of production at this facility.

In addition, we look to commission the production of spooled rebar during the spring of this year.

Both advanced and developing economies are exhibiting strong economic momentum and confidence, and investment sentiments are driving a 3% growth forecast in global steel consumption for 2018. S., as of November 2017, calendar year-to-date nonresidential construction starts have increased almost 12% in comparison to the prior year.

Additionally, the Architectural Billings Index, a leading indicator of construction activity, has been above 50 for 8 of the past 9 months, providing confidence that construction growth should continue. market, Texas is the #1 construction market as measured by the 2018 nonresidential construction starts forecast.

Q1 2018 Commercial Metals Co Earnings Call IRVING Jan 5, 2018 (Thomson Street Events) -- Edited Transcript of Commercial Metals Co earnings conference call or presentation Wednesday, January 3, 2018 at pm GMTTEXT version of Transcript================================================================================Corporate Participants================================================================================* Barbara R.

Smith Commercial Metals Company - President, CEO & Director* Mary A.

Lindsey Commercial Metals Company - Senior VP & CFO================================================================================Conference Call Participants================================================================================* Aldo Mazzaferro* Charles Allen Bradford Bradford Research, Inc. These statements generally can be identified by phrases such as we, the company, CMC, or management, expects, anticipates, believes, estimates, intends, plans to, ought, could, will, should, likely, appears, potential, outlook or other similar words or phrases.