Commercial Metals 2Q Sales Fall as Winter Weather Weighs on Shipments

Commercial Metals Co. posted lower sales for the fiscal second quarter as steel prices dropped and

stormy winter weather weighed on shipments.

The Irving, Texas-based steelmaker reported net income of $179.8 million, or $1.51 a share, for the three months ended Feb. 28, down from $383.3 million, or $3.12 a share, in the same...