COMMERCIAL METALS Co — Director's Dealing 2005

Jan 7, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMMERCIAL METALS CO (CMC)
CIK: 0000022444
Period of Report: 2005-01-06

Reporting Person: OWEN DOROTHY G (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-01-06	Common Stock	S	800	$24.795	Disposed	9200	Indirect
2005-01-06	Common Stock	S	9200	$24.78	Disposed	0	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	580204	Direct

Footnotes

F1: Includes the additional shares to be delivered to the buyer pursuant to due bills attributable to the 2 for 1 stock split in the form of a stock dividend to holders of record December 13, 2004 to be distributed January 10, 2005.

F2: The per share price has been adjusted to reflect the per share price for all shares, including those represented by due bills resulting from the 2 for 1 stock split in the form of a stock dividend to holders of record December 13, 2004 to be distributed January 10, 2005.

F3: Includes the additional shares resulting from the 2 for 1 stock split in the form of a stock dividend to holders of record December 13, 2004 to be distributed January 10, 2005.

F4: The reporting person as Trustee of the charitable remainder trust disclaims beneficial ownership of the reported securities.