Barbara Smith | Chairman, President & CEO |
Paul Lawrence | VP & CFO |
Matthew Korn | Goldman Sachs |
Martin Englert | Jefferies |
Seth Rosenfeld | Exane BNP |
Chris Terry | Deutsche Bank |
Michael Gambardella | JPMorgan |
John Tumazos | John Tumazos Very Independent Research |
Alex Hacking | Citi |
Hello, and welcome, everyone, to the First Quarter Fiscal 2020 Earnings Call for Commercial Metals Company. Today's call is being recorded. After the company's remarks, we will have a question-and-answer session and we’ll have a few instructions at that time.
I would like to remind all participants that during the course of this conference call, the company will make statements that provide information other than historical information and will include expectations regarding economic conditions, effects of legislation, U.S. steel import levels, U.S.