CMC

What CMC does

CMC (Commercial Metals Company) is a vertically integrated steel manufacturer and construction solutions provider founded in 1915 in Dallas, Texas and now headquartered in Irving, Texas. The company recycles scrap metal, manufactures steel via electric arc furnace (EAF) mini mills and micro mills using 98% recycled scrap, and fabricates construction materials through rebar, merchant bar, wire rod, heat-treated steel, post-tensioning systems, anchoring systems, geogrids, and ground improvement solutions. CMC operates 209 facilities across the United States, United Kingdom, European Union, and Asia, producing 5.1 million metric tons of raw steel and recycling 7.3 million tons of ferrous and non-ferrous metal annually. The company's four micro mills (Arizona, Arizona 2, Oklahoma, and West Virginia under construction) represent pioneering low-emissions steelmaking technology with 65% less CO2 output than industry average. Recent acquisitions of Foley Products Company ($1.84B) and Concrete Pipe & Precast ($675M) in December 2025 added 35 precast concrete facilities across 14 states, creating the third-largest U.S. precast platform and extending CMC's portfolio into early-stage construction solutions.

The company sells through direct enterprise sales to infrastructure contractors, commercial developers, industrial manufacturers, energy companies, and government entities, with facilities deliberately positioned to minimize shipping distances. CMC operates distinct brands including Tensar (geogrids), Geopier (ground improvement), InQuik (modular bridges), ChromX (corrosion-resistant rebar), GalvaBar (galvanized rebar), and CryoSteel (cryogenic rebar for LNG storage - the only U.S. producer of this product). Its Q3 FY2026 net sales were $2.483 billion (up 22.9% YoY), with full-year FY2025 revenue of approximately $7.8 billion, supported by 13,000+ employees. CMC generates revenue primarily through unit-priced hardware sales of steel and construction materials, supplemented by professional services in construction solutions and metal recycling fees. The company is publicly traded on NYSE under CMC, has declared 247 consecutive quarterly dividends, and invests in workforce development through the Modern Steelmaker apprenticeship program across multiple states.

Name

CMC

Legal name

Commercial Metals Company

Website

https://cmc.com

Company type

Public

Founded year

1915

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

CMC (Commercial Metals Company) is a vertically integrated U.S. steel manufacturer and construction solutions provider that recycles scrap metal, operates EAF mini mills and micro mills producing low-CO2 steel, and supplies rebar, merchant bar, geogrids, ground improvement systems, and precast concrete to infrastructure, non-residential, energy, and industrial customers across 209 global facilities.

Ownership category

akta.pro rank

Product category

Steel Manufacturing & Construction Materials

NAICS

Fabricated Pipe and Pipe Fitting Manufacturing (332996), Custom Roll Forming (332114)

SIC

Metal Forgings & Stampings (3460), Sheet Metal Work (3444)

akta.pro primary industry

Concrete Masonry Units (CMU) & Segmental Concrete Products (IMADAAAC)

akta.pro secondary industry

Concrete Masonry Units (CMU) & Concrete Blocks (IMADABAB)

Keywords

• Steel manufacturing
• Rebar fabrication
• Metal recycling services
• Precast concrete products
• Construction materials supply

Headquarters

HQ city

Irving

HQ country

United States

HQ region

North America

Offices10 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Steel Products Manufacturing and Sales: CMC produces and sells steel products including rebar, merchant bar, wire rod, and fabricated steel through its EAF mini mills and micro mills. Products are sold to infrastructure, construction, and industrial customers.
2. Construction Solutions: CMC provides early-stage construction solutions including rebar fabrication, post-tensioning, concrete restoration, construction services, bridge systems, anchoring systems, and ground improvement through its Geopier and Tensar divisions.
3. Metal Recycling: CMC operates scrap metal recycling facilities collecting end-of-life materials from individuals, commercial companies, and scrap yards. The company processes approximately 85,000 to 7.3 million tons annually of ferrous and non-ferrous materials.
4. Precast Concrete Products: Following the acquisitions of Foley Products Company and Concrete Pipe & Precast in late 2025, CMC now operates 35 precast facilities across 14 states, supplying precast concrete and pipe products for infrastructure construction.
5. Geogrid and Geotechnical Products: Tensar division manufactures geogrid products for ground reinforcement and stabilization, serving infrastructure, construction, and energy sectors globally.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels6 records

Core offering

CMC (Commercial Metals Company) is a vertically integrated steel manufacturer and construction solutions provider that produces steel and steel products using Electric Arc Furnace (EAF) technology from 98% recycled scrap metal at mini mills and micro mills. The company manufactures rebar, merchant bar, wire rod, fabricated rebar, heat-treated steel, performance reinforcing steel (ChromX, GalvaBar, CryoSteel), anchoring systems, post-tension cable, and—in the U.S. only—cryogenic rebar for LNG storage tanks. CMC also provides construction solutions including the InQuik modular bridge system, Geopier ground improvement, Tensar geogrid products, precast concrete, and Tensar+/Geopier+ geotechnical design software, while operating a metal recycling business and Reliable Fleet Services.

Product overview

CMC (Commercial Metals Company) operates as a diversified construction solutions provider and steel manufacturer with a vertically integrated business model. The company offers a comprehensive portfolio of steel products (rebar, wire rod, merchant bar, heat-treated steel), construction solutions (anchoring systems, post-tension cable, bridge systems via InQuik®), ground improvement technologies (Geogrid, Geopier), and precast concrete products through recent acquisitions. CMC operates manufacturing facilities across the U.S., Europe, UK, and Asia, producing steel primarily through energy-efficient electric arc furnace technology at mini mills and micro mills. The company also provides software tools (Tensar+, Geopier+) for geotechnical design, metal recycling services, and fleet maintenance operations.

Differentiator

Problem solved

Functional benefit

Brands

• Tensar: Geosynthetic geogrid products for ground reinforcement and stabilization
• Geopier
• InQuik
• ChromX
• GalvaBar
• CryoSteel
• Reliable Fleet Services

Products and services

• Fabricated Rebar Steel rebar for reinforcing concrete foundations in buildings and infrastructure projects, available in straight lengths (#3-#24) and spooled rebar (#3-#6). Used by infrastructure contractors and commercial builders.
• Merchant Bar Quality steel products in various shapes (angles, channels, flats) and grades for building construction applications including ceiling joists, racking, and support structures.
• Wire Rod Hot-rolled round steel produced in coil form, typically drawn into wire for use in construction and industrial applications.
• Heat-Treated Steel Steel products providing strength, toughness, and protection for demanding applications in transportation, energy, military equipment, mining, and construction markets.
• ChromX Corrosion-Resistant Rebar High-performance reinforcing bars designed for highly corrosive environments, used in infrastructure and construction projects requiring extended service life in corrosive conditions.
• GalvaBar Galvanized Rebar High-performance galvanized reinforcing bars providing corrosion resistance for construction projects exposed to corrosive conditions.
• CryoSteel Cryogenic Rebar High-performance reinforcing bars designed for ultra-cold environments, used primarily in the construction of liquefied natural gas (LNG) storage tanks. CMC is the only U.S. producer of cryogenic rebar.
• Anchoring Systems Top-quality anchoring systems including anchor bolt cages and anchor bolts delivering proven reliability for secure foundations in construction projects worldwide, including electrical transmission and infrastructure applications.
• Post-Tension Cable Post-tensioning systems for enhanced performance and reduced maintenance costs in parking garages and other structural applications.
• InQuik Bridge System Innovative prefabricated and modular bridge solution that can be installed in less than a week, pre-engineered for efficient and easy installation in infrastructure projects.
• Geogrid Products Geosynthetic materials manufactured from polypropylene or high-density polyethylene for ground reinforcement, stabilization, and filtration in construction and infrastructure projects.
• Geopier Ground Improvement Solutions Design-build geotechnical engineering solutions for ground improvement, providing superior alternatives to traditional methods like stone columns and deep foundations for civil, commercial, and industrial projects.
• Tensar+ Geotechnical Design Software Free cloud-based geotechnical design software platform that allows users to evaluate project specifications, compare alternative materials, and analyze sustainability impact including cost and time savings.
• Geopier+ Geotechnical Design Software Free geotechnical design software platform serving as a simple design tool for engineers, contractors, and owners designing Geopier projects.
• Construction Services Support for all aspects of construction projects including rebar, inserts, concrete accessories, tilt-up braces, and technical support for tilt-wall construction.
• Precast Concrete Products Precast concrete and pipe products supplied across multiple U.S. states for infrastructure and construction projects, distributed through 35 facilities in 14 states following the 2025 Foley Products and Concrete Pipe & Precast acquisitions.
• Metal Recycling Collection and processing of ferrous and non-ferrous scrap metal from individuals, commercial companies, and scrap yards for use as raw material in steel mills; CMC processes approximately 7.3 million tons of recycled metal annually.
• Reliable Fleet Services Provider of over-the-road intermodal repairs and depot-style maintenance with locations across the Southern and Southeast U.S., supporting fleet maintenance operations.

Quantifiable outcome

• 65% less CO2 emissions than industry average from EAF micro mills
• +9 more outcomes

Named customers8 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability5 records

Feature9 records

Partnerships

Twelve partnerships are on record, tiered minor and core.

• Truliance ConsultingminorImplementation/ SI/ Consulting Partner · 16 October 2025Truliance Consulting supported CMC's acquisition of Foley Products and Concrete Pipe & Precast, providing consulting services for the transaction structuring and due diligence process.
• Mesa Community CollegecoreStrategic or Co-development PartnerPartnership to launch Modern Steelmaker Program in 2021 at Mesa, Arizona facility. The program provides students with one-year apprenticeships combining four months classroom instruction with eight months hands-on mill training.
• Tennessee College of Applied TechnologycoreStrategic or Co-development PartnerPartnership expanded Modern Steelmaker Program to CMC Steel Tennessee facility, providing career pathway training for future steelmakers.
• Morris CollegecoreStrategic or Co-development PartnerPartnership expanded Modern Steelmaker Program to CMC Steel New Jersey facility, providing educational opportunities and workforce development.
• Blue Ridge Community and Technical CollegecoreStrategic or Co-development PartnerPartnership expanded Modern Steelmaker Program to CMC Steel West Virginia facility for workforce training.
• Texas State Technical College (TSTC)coreStrategic or Co-development PartnerCMC partners with TSTC on the Federation for Advanced Manufacturing Education (FAME) Advanced Manufacturing Technician (AMT) Program at CMC Steel Texas with eight participants.
• Kiamichi Tech - DurantcoreStrategic or Co-development PartnerPartnership expanded Modern Steelmaker Program to CMC Steel Oklahoma facility.
• American Corporate PartnersminorStrategic or Co-development PartnerNational nonprofit dedicated to helping military veterans and spouses transition to private sector through one-on-one mentoring with business leaders. Over 74 CMC employees serve as volunteer mentors and 85 employees have participated to date.
• Salt River Project (SRP)coreStrategic or Co-development PartnerPower purchase agreement providing 7.5% of electricity from renewable sources for CMC's first micro mill in Mesa, Arizona. Partnership supports CMC's sustainability goals and renewable energy transition.
• Alabama PowercoreStrategic or Co-development PartnerVirtual power purchase agreement (VPPA) for CMC Steel Alabama facility sourcing 13% of electricity from local solar farm starting 2026.
• U.S. Energy LightingminorStrategic or Co-development PartnerPartnership for multi-year LED lighting upgrade project across CMC facilities in the U.S. Estimated to save 12.2 million pounds of CO2 emissions annually and 7.9 million kWh with over 30% energy cost reduction.
• Global Steel Climate Council (GSCC)coreStrategic or Co-development PartnerCMC is a founding member of the GSCC, which is focused on reducing GHG emissions of steel manufacturers by promoting a transparent standard for carbon emissions intensity reporting.

Scale indicators12 records

Recent moves8 records

Expansion highlights6 records

Broad incumbents

• United States Steel Corporation: U.S. Steel is a broad incumbent integrated steelmaker with a wider portfolio than CMC. While it produces many of the same end products (rebar, structural steel), it competes through blast furnace technology and serves automotive and appliance markets beyond CMC's construction focus.
• CRH plc: CRH is a global building materials leader with significant concrete products operations through Oldcastle Infrastructure. While broader in scope than CMC, it competes in precast concrete, aggregates, and infrastructure construction materials, particularly relevant given CMC's $2.5B precast platform expansion.
• ArcelorMittal S.A. ArcelorMittal is the world's largest steel producer with global operations including European mills where CMC competes. While broader in scope and product mix than CMC, it competes in rebar, long products, and construction steel across the geographies where CMC operates (US, Poland, Europe).

Direct peers

• Radius Recycling (formerly Schnitzer Steel): Radius Recycling is a direct peer in metal recycling and recycled steel production. Both companies operate scrap metal collection networks and use recycled feedstock for steel production, competing for ferrous and non-ferrous scrap supply across the U.S. West Coast and broader markets.
• Gerdau S.A. Gerdau is a major international steel producer headquartered in Brazil with significant operations in North America. As a long-products steel manufacturer serving construction and infrastructure, Gerdau competes directly with CMC in rebar and merchant bar markets, particularly across the Americas.
• Steel Dynamics, Inc. Steel Dynamics is a direct peer operating EAF steel mills producing structural steel, rebar, and fabricated steel products. The companies compete directly in long products, flat-rolled steel, and steel fabrication, with similar sustainability profiles and EAF-based business models targeting construction markets.
• Nucor Corporation: Nucor is the largest U.S. steel manufacturer and CMC's closest direct competitor. Both operate EAF mini mills and micro mills producing rebar, merchant bar, and structural steel products, with overlapping customer bases in construction and infrastructure. Nucor's larger scale (~$30B revenue) sets the competitive benchmark for CMC's growth trajectory.
• Forterra, Inc. Forterra is a leading U.S. manufacturer of precast concrete and pipe products, directly comparable to CMC's recently acquired precast platform (Foley Products + Concrete Pipe & Precast). Both companies serve water, drainage, and infrastructure end markets with concrete pipe and precast structures.
• Cleveland-Cliffs Inc. Cleveland-Cliffs is a major U.S. steel producer serving automotive, infrastructure, and construction markets. While it operates blast furnace and EAF assets, it competes with CMC in flat-rolled steel, rebar, and fabricated products serving overlapping end markets in construction and industrial applications.

Emerging players

• Worthington Enterprises, Inc. Worthington Enterprises operates in steel processing and pressure cylinder manufacturing with overlap in fabricated steel products. While smaller and more specialized than CMC, it competes in select metal products and processed steel categories serving construction and industrial markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/inside.cmc
• LinkedInlinkedin.com/company/inside-cmc

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries9 records

Funding overview

Funding rounds4 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A42 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CMC