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Commercial Metals Company

Commercial Metals Company (CMC), headquartered in Irving, Texas, is a leading U.S. manufacturer and recycler of steel and iron products for the global market. The company was founded in 1915 and has been listed on the NASDAQ stock exchange since 1996 under the ticker symbol "CMC."

CMC operates in two segments: the Americas Recycling and Mills segment, and the International Mill segment. The Americas Recycling and Mills segment is responsible for the company's steel mill services, which includes producing steel from recycled scrap metal, as well as its recycling operations. The International Mill segment consists of steel mills and fabrication facilities located primarily in Europe.

The company's products include a wide range of reinforcing bar (rebar) products, wire rods, structural beams, merchant bars, and billets. These products are used in construction, large infrastructure projects, and various industrial applications.

In the fiscal year 2021, Commercial Metals Company reported net sales of $7.5 billion and net earnings of $436.1 million. The company has a market capitalization of approximately $4.5 billion as of March 2023.

Some key competitors of Commercial Metals Company include Nucor Corporation, Steel Dynamics, Inc., Schnitzer Steel Industries, and Commercial Steel Company.

CMC is committed to sustainable practices, with a focus on recycling and the use of scrap metal in its production processes, and it has been recognized for its efforts with various sustainability awards.