CMC

Commercial Metals Company is a manufacturer, recycler, and fabricator of steel and metal products serving the construction, agriculture, automotive, and infrastructure markets primarily in North America. The company operates through segments including North America Steel and Europe Steel, providing rebar, merchant bar, structural steel, flat-rolled steel, and metal recycling services. CMC manufactures steel through electric arc furnace mini-mills using recycled scrap metal as primary feedstock, producing steel products for construction and manufacturing applications. The company also operates metal recycling facilities collecting and processing ferrous and non-ferrous scrap metal. Founded in 1915 and headquartered in Irving, Texas, CMC has built positions in construction steel, recycling, and metal fabrication. The company benefits from mini-mill cost advantages, vertical integration from scrap collection through finished products, and exposure to infrastructure and construction spending. CMC faces cyclicality in construction markets, scrap metal cost and availability variations, competitive steel markets, and trade policy impacts. The company has delivered improved profitability through operational excellence and strategic investments. CMC continues to invest in steel capacity, recycling capabilities, and downstream fabrication services.