Commercial Metals Company (CMC) First Quarter 2015 Earnings Call Transcript

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We had started a process. That process pretty much came to a slow pace.It was not shutdown as we approach the holidays and as you know in Australia they take extended holidays this time of year because it is their summer time. As soon as folks return to work, we expect to pick up the process in earnest and so far there is interest level for those assets and it would definitely be our intent to sell those assets rather than wind down.

Philip Gibbs, KeyBanc Capital Markets, Inc.
Okay. Thank you.

Joseph Alvarado, Chairman of the Board, President, and CEO, Commercial Metals Company
Thank you, Phil.

Operator
At this time, there appear to be no further questions. Mr. Alvarado, I will now turn the call back over to you.

Joseph Alvarado, Chairman of the Board, President, and CEO, Commercial Metals Company
Okay. Well, thank you everyone for joining us on today’s conference call. We certainly look forward to speaking with many of you during our investor visits in the coming weeks and I look forward to reporting our second quarter results only two months from March. I look forward to talking with you all soon. Thank you very much.

Operator
This concludes today’s Commercial Metals Company conference call. You may now disconnect.

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