EXHIBIT 99.1


                       COMMERCIAL METALS COMPANY ANNOUNCES
                PRICING OF PRIVATE OFFERING OF $200 MILLION NOTES


         Dallas -- November 6, 2003 -- Commercial Metals Company (NYSE: CMC),
headquartered in Irving, Texas, today announced that it has agreed to sell $200
million aggregate principal amount of 5.625% notes due 2013 in a private
offering. The initial offering price is 99.856% of par resulting in an effective
yield to maturity of 5.644%. CMC intends to close the transaction on or about
November 12, 2003.

         CMC intends to apply the net proceeds of the offering: (a) to fund the
purchase of its 7.20% Notes due 2005 that are tendered to CMC pursuant to the
tender offer announced by CMC on October 31, 2003, (b) to fund the acquisition
of a 71% interest in Huta Zawiercie SA, the third largest producer of steel in
Poland, and (c) for general corporate purposes, as to any remaining proceeds.

         The notes have not been registered under the Securities Act of 1933 or
any state securities laws. Unless so registered, the notes may not be offered or
sold in the United States except pursuant to an exemption from the registration
requirements of the Securities Act of 1933 and applicable state securities laws.
This press release shall not constitute an offer to sell or the solicitation of
an offer to buy, nor shall there be any sale of the notes in any state in which
such offer, solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state.

                                     -(END)-

Contact:      Bill Larson
              Vice President & Chief Financial Officer
              214.689.4325
              www.commercialmetals.com