Most metals companies have experienced some of their worst performance ever this past year. In fact, some companies, such as U.S. Steel (NYSE:X), are trading very close to their financial crisis lows due to a combination of oversupply and weak demand. As you can see from the chart below, steel prices fell off of a cliff in 2008 when the commodities bubble burst, then rebounded slightly before trending negatively from 2011 until the present. As a result, I believe that there are some bargains to be had, but investors must choose carefully. I'd like to consider one metal play that is somewhat different than the others, Commercial Metals Company (NYSE:CMC).
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Who is CMC...
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