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Commercial Metals Co.
Commercial Metals Company (CMC) is a global, low-cost metals recycling, manufacturing, fabricating, and trading enterprise. Originating in 1915 with a single recycling location, it has progressively moved into higher value downstream segments of the steel value chain and is now a vertically integrated company. With corporate headquarters in Irving, Texas, today it operates in four primary business segments at over 200 locations and in more than 20 countries.
Latest News
Commercial Metals Company Reports Record Second Quarter Earnings
17 March 2022 - Commercial Metals Company (CMC) earned US$383.3 million in revenue on net sales of US$2 billion in its fiscal second quarter, its second-best performance in the company’s history, according to an official press release.
CMC Reports Record First-Quarter Results
11 January 2022 - Commercial Metals Company (CMC) yesterday announced financial results for its fiscal first quarter ending 30 November 2021, which included record core EBITDA levels for the third consecutive month.
Commercial Metals Company To Build New Micro-Mill in Eastern U.S.
10 January 2022 - Commercial Metals Company (CMC) announced this morning that it intends to build a brand-new long products micro-mill somewhere in the eastern United States.
CMC to Acquire Tensar Corp.
08 December 2021 - Commercial Metals Company (CMC) announced yesterday it is to acquire subgrade soil reinforcement solutions provider TAC Acquisition Corp. (Tensar).
CMC Selling Land Under California Operations
30 September 2021 - Commercial Metals Company (CMC) in a press release today announced it will be selling the land where its steel and rebar operations stood in California.
Commercial Metals Sets New Environmental Goals
28 June 2021 - Commercial Metals Company (CMC) will look to reduce its Scope I and Scope II greenhouse gas emissions intensity by 20% and increase its use of renewable energy by 12% as part of a newly revised set of environmental goals.
With Air Permit in Hand, CMC Looks to Begin Equipping New Mill
19 May 2021 - Commercial Metals Company (CMC) has received an air permit for its planned micro-mill in Mesa, Ariz., clearing the way for mill construction to begin.
Local Planners OK Commercial Metals Mill Development
21 April 2021 - Commercial Metals Company’s planned micro-mill has cleared a local development hurdle, receiving approval from the Mesa, Ariz., city council and the planning and zoning board, reports The Mesa (Arizona) Tribune.
Commercial Metals Co. Is Burning Daylight
17 December 2020 - Commercial Metals Company’s original micro-mill in Mesa, Ariz., USA, is now being powered in part by electricity generated from 100-megawatt solar array, the company reports.
Commercial Metals to Build Third Micro-Mill
14 August 2020 - Commercial Metals Company will invest US$300 million in a third micro-mill to be built next to its existing facility in Mesa, Ariz., USA, the company has announced.
CMC Plant Upgrades Furnace Control
01 June 2020 - Italy’s Automazioni Industriali Capitanio (AIC) recently upgraded a reheat furnace at a Florida rebar mill, the company said.
CMC Sees Successful Upgrade of California Rolling Mill
13 March 2020 - Italy’s Automazioni Industriali Capitanio (AIC) has wrapped up upgrades to Commercial Metal Company’s (CMC) California rolling mill, the company has announced.
CMC Poland Signs Renewable Power Agreement
22 January 2020 - Commercial Metals Co.’s Poland mill has signed a long-term power purchase agreement with Europe’s largest generator of renewable energy.
CMC Mill Upgrades Furnace Control System
13 January 2020 - Industrial automation specialist Automazioni Industriali Capitanio has been contracted to upgrade a furnace system at Commercial Metals Company's Jacksonville, Fla., USA, mill, the company has announced.
With Construction Still Going Strong, Commercial Metals Records Profitable Q1
07 January 2020 - An expanded Commercial Metals Company took advantage of a healthy construction market and posted some of its best first-quarter results in years, the steelmaker said on Monday.
CMC Shutters California Meltshop
17 October 2019 - Commercial Metals Company has closed the meltshop at its California rebar mill, saying that regulatory costs are making it too difficult to compete, reports news and commodities pricing service Argus.
Commercial Metals Sees Strength in Non-Res Construction, Completes Ramp-Up of New Mill
24 June 2019 - Buoyed by continuing strength in non-residential construction, long products maker Commercial Metals Company saw its fiscal third-quarter profits nearly double to US$78.4 million.
CMC Sees Q2 Profits Increase; Eyes Investments in New Rebar Facilities
22 March 2019 - Scrapper and long steel manufacturer Commercial Metals Company saw its second-quarter profits rise despite lower scrap prices and shipments, the company reported.
Commercial Metals Looks to Notch Up Production at New Mill
09 January 2019 - Commercial Metals Company’s new Oklahoma micro-mill shipped nearly 60,000 tons during the company’s first quarter of fiscal 2019 and is preparing to bring on a fourth crew at the plant.
Commercial Metals Co. Completes US$600M Acquisition of Gerdau Long Mills
05 November 2018 - Gerdau has finalized its sale of four U.S. mini-mills and nearly three dozen rebar fabrication shops to Texas-based Commercial Metals Co., the steelmaker said on Monday.
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