8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 8-K

CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported) November 7, 2006_

Commercial Metals Company

(Exact Name of Registrant as Specified in Its Charter)

Delaware

(State or Other Jurisdiction of Incorporation)

1-4304	75-0725338
(Commission File Number)	(IRS Employer Identification No.)
6565 N. MacArthur Blvd.
Irving, Texas	75039
(Address of Principal Executive Offi	ces) (Zip Code)

(214) 689-4300

(Registrant’s Telephone Number, Including Area Code)

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

     o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

     o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

     o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

     o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

TABLE OF CONTENTS

	Item 7.01 Regulation FD Disclosure.
	Item 9.01. Financial Statements and Exhibits.
SIGNATURES
EXHIBIT INDEX
Press Release

Item 7.01 Regulation FD Disclosure.

     On November 7, 2006, Commercial Metals Company (the “Company”) issued a press release (the “Press Release”) announcing its intent to institute a quarterly cash dividend of 9 cents per share to be effective with its next cash dividend, anticipated to be declared in December and paid in January 2007. The new cash dividend rate represents a 50% increase from the former rate of 6 cents per share. A copy of the Press Release is attached hereto as Exhibit 99.1. The Press Release is incorporated by reference into this Item 7.01, and the foregoing description of the Press Release is qualified in its entirety by reference to the exhibit.

     The information in this Form 8-K, including the exhibit, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and is not incorporated by reference into any filing of the Company, whether made before or after the date hereof, regardless of any general incorporation language in such filing.

Item 9.01. Financial Statements and Exhibits.

     (d) Exhibits

          The following exhibit is furnished with this Form 8-K.

          99.1 Press Release, dated November 7, 2006.

SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	COMMERCIAL METALS COMPANY
Date: November 7, 2006
	By:	/s/ William B. Larson
	Name:	William B. Larson
	Title:	Vice President and Chief Financial Officer

EXHIBIT INDEX

Exhibit No.	Description of Exhibit
99.1	Press Release dated November 7, 2006.

EX-99.1

EXHIBIT 99.1

Commercial Metals Company to Increase Cash Dividend 50%;
Cash Dividend Rate Triples Over Past Year

     Irving, TX — November 7, 2006 — Commercial Metals Company (NYSE: CMC) today announced its intent to institute a quarterly cash dividend of 9 cents per share to be effective with its next cash dividend, anticipated to be declared in December and paid in January 2007. The new cash dividend rate represents a 50% increase from the former rate of 6 cents per share.

     In making the announcement, CMC President and Chief Executive Officer Murray R. McClean said, “This action reflects CMC’s confidence in our near-term as well as long-term business prospects. Rewarding and sustainable increases in our cash dividend rate as evidenced by this significant increase, our third this year, are an important element of that continuing effort. In April 2006, CMC’s dividend was increased 67% and, following our two-for-one stock dividend in May, the cash dividend was again increased by 20% in July 2006. The increase in the rate announced today coupled with the April and July increases triples our cash dividend over a one year period. This continues our aggressive focus on stockholder value.”

     CMC has paid 168 consecutive quarterly cash dividends.

     The first two paragraphs contain forward-looking statements regarding the Company’s prospects, including future financial results, market conditions and future cash dividend policy. There is inherent risk and uncertainty in any forward-looking statements. Variances will occur and some could be materially different from management’s current opinion. Developments that could impact the Company’s expectations include construction activity, metals pricing over which the Company exerts little influence, increased capacity and product availability from competing steel mills and other steel suppliers including import quantities and pricing, court decisions, global factors including political and military uncertainties, credit availability, currency fluctuations, energy prices, and decisions by governments impacting the level of steel imports and pace of overall economic activity.

(more)

(CMC to Increase Cash Dividend 50% — Page 2)

     Commercial Metals Company and subsidiaries manufacture, recycle and market steel and metal products, related materials and services through a network including steel minimills, steel fabrication and processing plants, construction-related product warehouses, a copper tube mill, metal recycling facilities and marketing and distribution offices in the United States and in strategic overseas markets.

-(END)-

Contact: Debbie Okle

     Director, Public Relations
     214.689.4354

2007-04