Moses Feldman establishes his first scrap operation in Dallas.
Since 1915, CMC (Commercial Metals Company) has built a legacy as a global leader in the sustainable recycling, manufacturing and fabrication of steel and construction solutions. Headquartered in Irving, Texas, CMC employs 13,022 people in 212 facilities across the United States (U.S.), the United Kingdom (U.K.), Central Europe and Asia.
CMC is a publicly traded company (NYSE: CMC) and is widely recognized for its commitment to professionalism, innovation and customer service.
The products we create form the backbone for buildings, highways, bridges and other structures all over the world. The markets we serve include infrastructure, commercial and residential construction, the energy industry, manufacturing and agriculture.
CMC started as a recycling business, and sustainable practices remain central to our DNA and ongoing mission.
Over the last 108 years, we’ve prioritized investing in new technologies and processes that improve quality while enhancing resource efficiency and utilization. All of our steel-producing facilities use energy-saving electric arc furnace (EAF) technology, which we pioneered. EAF technology significantly reduces the energy required to produce steel compared to the traditional integrated steelmaking technology (Basic Oxygen Furnace) used by most global steelmakers today. In 2009, we were the first in the world to successfully construct and operate the micro mill, which took efficiency to new levels.
For us, sustainability is never an afterthought. It guides us as we evolve our business to reflect our expanding role as a construction solutions provider. Our increasingly differentiated business model and focus on technological efficiencies enable us to reduce our costs and risks, which in turn allows us to develop and produce the sustainable products our society needs to build and grow.
Our 2023 net sales totaled
$8.8 billion
and we had a
17.9%
return on invested capital
Metric | UNIT | 2023 | 2022 | 2021 |
---|---|---|---|---|
Total metal recycled | MT | 8,108,441 | 8,676,630 | 8,662,342 |
Total raw steel production | MT | 5,410,589 | 5,756,503 | 5,661,952 |
You can find CMC products in structures around the world. To serve our global market, we maintain facilities in the U.S., Europe and a Geogrid location in Asia— we currently operate 212 facilities across our operations.
At CMC, we are proud of our company’s 108-year history as a leader in the recycling, steelmaking and rebar fabrication industries.
After more than a century of growth, we are looking to the future as we expand into new markets and continue our commitment to developing innovative and sustainable products and solutions for our customers. In October 2023, we launched an updated logo that was designed to express CMC’s growth and strength as a company, capturing the core purpose of CMC’s diverse construction products and solutions.
The new logo and updated branding also reflects our growth strategy to expand the scope of products and solutions beyond metals. Recent important acquisitions including Tensar, Tendon Systems, and EDSCO Fasteners are examples of our move beyond steel production to new, additional opportunities across the construction industry.
Going forward, we will also be known simply as CMC – the abbreviation by which we are already widely known. Grounded in our history as a leading provider of steel and reinforcement products and looking to the future, CMC remains committed to providing the highest quality products and solutions, backed by industry-leading customer service.