2024 CMC Sustainability Report

Sustainability has been at the heart of CMC since our founding as a recycling company over 100 years ago, and we remain focused on ensuring CMC operates sustainably today and into the future. We do this by incorporating our environmental, social and governance (ESG) strategies directly into our business strategies throughout the organization and continuously improving.

Our success as a company depends on having the best people, which is why they continue to be a top priority. From finding the right people to join our team, to supporting them with training and career development opportunities throughout their careers, we are committed to building a diverse, inclusive and successful workforce. We are also committed to keeping our people safe and I’m proud to say that we achieved our best safety performance in the company’s history in 2024. We all approach safety as our biggest continuous improvement project.

We care about the towns and cities we call home, and want to see them grow and succeed alongside us. We engage with our local communities to positively impact the lives of people and through local and corporate giving campaigns, we contributed $1.46 million to these communities in 2024.

We remain committed to reducing our environmental impact and supporting the circular economy, which is embodied in our vertically integrated business model. With the addition of our second micro mill in Arizona and the planned opening in 2025 of our newest micro mill in West Virginia, we continue our long tradition of being innovators in our industry and producing some of the greenest steel in the world. These facilities will further optimize our steel production capacity and reduce our carbon footprint as we make progress toward achieving our 2030 targets for reductions in greenhouse gas emissions.

In addition to reducing the carbon footprint of our own operations, we partner with our suppliers and our customers to help them meet their sustainability needs. This includes commitments to solar energy and providing construction solutions such as our Tensar Division’s geogrid products that help decarbonize projects by reducing the time, labor and materials needed and our Zero line of products that provide carbon neutral steel solutions.

Finally we remain committed to good governance. In 2024, we elected an independent Chairman of the Board of Directors and added two new, highly qualified directors to the Board. I want to thank you for reading our 2024 Sustainability Report, which highlights CMC’s achievements during the year in meeting our commitments to caring for our people, protecting the environment and operating our business responsibly. CMC’s dedicated employees around the world are the driving force behind our success, positioning us to meet and exceed the needs of our customers, partners, communities and shareholders.

I want to thank each of our 13,178 employees for their continued efforts and commitment to our journey. Together, we will continue to create better ways to build a strong, safer, more sustainable world. It’s what we are passionate about and what drives us every day.