CMC 📈 Commercial Metals - Overview

Commercial Metals Company is a multifaceted organization that specializes in the manufacture, recycling, and fabrication of steel and metal products, offering a diverse range of materials and services globally. The company's operations are structured into three primary segments: the North America Steel Group, the Europe Steel Group, and the Emerging Businesses Group, each catering to distinct markets and customer needs. Through these segments, Commercial Metals Company processes and distributes ferrous and nonferrous scrap metals to a variety of clients, including steel mills, foundries, aluminum sheet and ingot manufacturers, and other metal producers.

The company's product portfolio is extensive, encompassing finished long steel products such as reinforcing bar, merchant bar, light structural, and special sections, as well as semi-finished billets used in rerolling and forging applications. Additionally, it manufactures and supplies fabricated rebar, which is crucial for reinforcing concrete in the construction of buildings, infrastructure, and other large-scale projects. Commercial Metals Company also engages in the sale and rental of construction-related products and equipment, further solidifying its position in the construction industry. Moreover, it produces specialized steel products like strength bars for the truck trailer industry, special bar steels for energy applications, and armor plates for military vehicles, demonstrating its capacity to cater to niche markets.

Commercial Metals Company's manufacturing capabilities extend to the production of rebars, merchant bars, and wire rods, which are then sold to fabricators, manufacturers, distributors, and construction companies. The company also offers a range of fabricated rebar by-products, including wire meshes, welded steel mesh, cold rolled rebar, and assembled rebar cages, providing comprehensive solutions to its customers. With a history dating back to 1915 and headquartered in Irving, Texas, Commercial Metals Company has established itself as a significant player in the steel industry, with a global presence and a commitment to delivering high-quality products and services. Its common stock is listed on the NYSE under the ticker symbol CMC, and it operates within the steel sub-industry, classified under the GICS system.