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Commercial Metals Company

I assume you are referring to the company Schnitzer Steel Industries, Inc. (SCHN) that is listed on the NASDAQ stock exchange, as there is no company with the name "Steel Iron" and the stock symbol "CMCP" that is listed on a major U.S. stock exchange.

Schnitzer Steel Industries is a multi-national company engaged in the business of recycling ferrous and nonferrous scrap metal, manufacturing finished steel products, and selling raw materials to the steel industry. The company's segments include Auto and Metals Recycling (AMR) and Steel Manufacturing (SM).

In their most recent quarterly report (Q3 2022), Schnitzer Steel Industries reported net income of $38.8 million, or $1.05 per diluted share, a significant increase from the $11.5 million, or $0.31 per diluted share, in the same quarter of the previous year. Overall, for the first nine months of the fiscal year 2022, net income was $124 million, or $3.34 per diluted share, compared to $72.9 million, or $2.04 per diluted share, in the same prior-year period.

Schnitzer Steel Industries has a market capitalization of approximately $1.3 billion and has delivered strong earnings growth in recent years. For the fiscal year 2021, the company reported net income of $113.7 million, or $3.10 per diluted share, up from $48.4 million, or $1.34 per diluted share, in fiscal year 2020.

The steel manufacturing industry has experienced volatility in recent years due to factors including fluctuations in raw material prices and changes in global trade policy. However, Schnitzer Steel Industries has demonstrated resilience and growth potential through its diversified business model and ability to adapt to changes in the marketplace.

It's important to note that investing in any stock carries risk, and investors should always consult with a financial advisor before making any investment decisions. It's also recommended that investors conduct their own research and due diligence before making any investment decisions.