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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

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                                    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 5, 2003

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                            COMMERCIAL METALS COMPANY
             (Exact name of registrant as specified in its charter)


           DELAWARE                        1-4304                 75-0725338
(State or other jurisdiction of   (Commission File Number)     (I.R.S. Employer
        incorporation)                                       Identification No.)

    6565 N. MACARTHUR BLVD.                                         75039
         IRVING, TEXAS                                            (Zip Code)
     (Address of principal
      executive offices)

       Registrant's telephone number, including area code: (214) 689-4300


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ITEM 5. OTHER EVENTS.

         On November 5, 2003, Commercial Metals Company announced the fixed
price per $1,000 of principal amount of notes tendered pursuant to the cash
tender offer for its outstanding 7.20% Notes due 2005. A copy of the press
release is attached as Exhibit 99.1 to this report and is incorporated herein by
reference under Item 5.

ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.

         (c)      Exhibits

                  99.1     Press Release dated November 5, 2003.






                                   SIGNATURES

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


                               COMMERCIAL METALS COMPANY


                               By:    /s/ William B. Larson
                                      ------------------------------------------
                               Name:  William B. Larson
                               Title: Vice President and Chief Financial Officer

Date:  November 5, 2003





                                  EXHIBIT INDEX



Exhibit No.                Description of Exhibit
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99.1                       Press Release dated November 5, 2003.