Seasonality
CMC seasonality — Commercial Metals
Over the last 11 years, CMC's strongest month on average has been July (+6.1%) and its weakest September (-3.5%).
Average return by month
Month-by-month statistics
| Month | Avg | Median | Up % | Best | Worst | Yrs |
|---|---|---|---|---|---|---|
| Jan | +2.13% | +1.06% | 50% | +12.8% | -7.8% | 10 |
| Feb | +2.52% | +0.49% | 50% | +27.7% | -11.1% | 10 |
| Mar | -2.29% | -5.26% | 40% | +22.6% | -16.2% | 10 |
| Apr | -0.85% | -2.03% | 40% | +12.3% | -8.6% | 10 |
| May | +1.03% | +4.70% | 60% | +12.5% | -22.8% | 10 |
| Jun | +3.85% | +1.31% | 50% | +33.7% | -17.5% | 10 |
| Jul | +6.10% | +6.40% | 80% | +19.7% | -4.3% | 10 |
| Aug | -1.27% | -1.09% | 40% | +11.2% | -10.8% | 10 |
| Sep | -3.50% | -4.63% | 30% | +10.9% | -12.4% | 10 |
| Oct | +3.38% | +3.19% | 70% | +28.2% | -14.4% | 10 |
| Nov | +4.82% | +7.19% | 78% | +14.7% | -4.0% | 9 |
| Dec | +1.19% | +3.71% | 60% | +17.4% | -19.6% | 10 |
Monthly returns heat map — CMC
price return, %| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 11.1 | -4.6 | -16.2 | 12.3 | 10.3 | -17.5 | 9.5 | -1.8 | -8.0 | 3.0 | -2.7 | -10.0% | |
| 2025 | -2.2 | -0.1 | -5.0 | -3.2 | 4.6 | 5.0 | 6.0 | 11.2 | -0.7 | 3.6 | 7.5 | 8.5 | +39.6% |
| 2024 | 4.4 | 3.4 | 8.8 | -8.6 | 4.8 | -2.4 | 9.3 | -10.8 | 2.6 | -2.1 | 14.7 | -19.6 | -0.9% |
| 2023 | 12.4 | -4.6 | -5.5 | -4.5 | -8.4 | 23.2 | 8.7 | -1.6 | -12.2 | -14.4 | 7.2 | 10.4 | +3.6% |
| 2022 | -7.8 | 15.3 | 8.0 | -1.5 | -3.1 | -16.7 | 19.7 | 2.2 | -12.4 | 28.2 | 8.2 | -1.9 | +33.1% |
| 2021 | -4.1 | 27.7 | 22.6 | -5.2 | 7.7 | -2.4 | 6.8 | -0.6 | -6.6 | 5.7 | -4.0 | 17.4 | +76.7% |
| 2020 | -7.7 | -11.1 | -13.5 | 0.9 | 7.7 | 18.9 | 1.4 | 0.9 | -4.3 | 3.4 | -3.6 | 3.2 | -7.8% |
| 2019 | 8.9 | -5.2 | 3.2 | 1.2 | -22.8 | 33.7 | -1.9 | -10.5 | 10.9 | 11.2 | 10.5 | 4.3 | +39.0% |
| 2018 | 12.8 | 1.1 | -15.8 | 2.7 | 12.5 | -10.7 | 5.8 | -3.3 | -5.0 | -7.1 | 1.1 | -16.9 | -24.9% |
| 2017 | -6.2 | 3.4 | -9.5 | -2.6 | -2.9 | 7.3 | -4.3 | 1.6 | 0.7 | 2.4 | 1.9 | 7.5 | -2.1% |
| 2016 | -1.0 |