Commercial Metals (CMC) 8-K Entry into a Material Definitive Agreement

Exhibit 12.1

Statement Regarding Computation of Ratio of Earnings to Fixed Charges

(dollars in thousands, except ratios)

				Fiscal Years Ended August 31,												Six Months Ended February 28, 2013			Six Months Ended February 29, 2012
	2008			2009			2010			2011			2012
Earnings (loss) from continuing operations before taxes	$	384,563		$	48,561		$	(161,389	)	$	38,606		$	162,793		$	81,306		$	72,562
Add (subtract):
Net earnings attributable to noncontrolling interests		(538	)		550			(236	)		(213	)		(6	)		(2	)		(2	)
Capitalized interest amortization		728			899			2,012			2,377			2,341			1,151			1,162
Fixed charges		84,366			110,917			93,948			85,897			85,473			41,718			40,594
Less: Capitalized interest		(6,877	)		(12,010	)		(4,359	)		(794	)		(1,339	)		(768	)		(507	)
Total	$	462,242		$	148,917		$	(70,024	)	$	125,873		$	249,262		$	123,405		$	113,809
Fixed charges:
Interest expense	$	63,334		$	88,974		$	78,540		$	70,615		$	70,835		$	34,282			32,847
Portion of rental expense representative of interest factor		21,032			21,943			15,408			15,282			14,638			7,436			7,747
Total fixed charges	$	84,366		$	110,917		$	93,948		$	85,897		$	85,473		$	41,718		$	40,594
Ratio of earnings to fixed charges		5.48x			1.34x			*			1.47x			2.92x			2.96x			2.80x

* Earnings for the year ended August 31, 2010 were inadequate to cover fixed charges due to asset impairment charges and losses from discontinued operations. The coverage deficiency was approximately $164 million for the year ended August 31, 2010.