Stock Report: Commercial Metals Co. (CMC) Report Updated: May 20, 2013 | Print This Page

Commercial Metals Company engages in recycling, manufacturing, fabricating, and distributing steel and metal products, and related materials and services in the United States and internationally. The company processes scrap metals for use as a raw material by manufacturers of new metal products through 33 scrap metal processing facilities to steel mills and foundries, aluminum sheet and ingot manufacturers, brass and bronze ingot makers, copper refineries and mills, secondary lead smelters, specialty steel mills, high temperature alloy manufacturers, and other consumers. It also operates five steel mills producing reinforcing bars, angles, flats, rounds, small beams, fence-post sections, and other shapes; a scrap metal shredder processing facility; a railroad salvage business; and a copper tube minimill. In addition, the company conducts fabrication operations through a network of steel plants that bend, cut, weld, and fabricate steel, primarily reinforcing bars; warehouses that sell or rent products for the installation of concrete; plants that produce steel fence posts; and plants that treat steel with heat. Further, it operates two rolling mills that produce reinforcing bar and merchant products; a rolling mill that produces wire rod; a specialty rod finishing mill; and four steel fabrication plants for reinforcing bar and mesh, as well as manufactures electric arc furnace based steel pipes. Additionally, the company buys and sells primary and secondary metals, fabricated metals, semi-finished, long, flat steel, and other industrial products primarily to the manufacturers, in steel, nonferrous metals, metal fabrication, chemical, refractory, and transportation businesses. It also markets and distributes steel, copper, and aluminum coil; sheets and tubings; ores; metal concentrates; industrial minerals; ferroalloys; and chemicals. The company was founded in 1915 and is headquartered in Irving, Texas.