COMMERCIAL METALS Co: directors' dealings · United States · SEC (Form 4)

About COMMERCIAL METALS Co

Commercial Metals Company (CMC) is a U.S. materials and steel solutions group listed on the NYSE in the United States. Founded in 1915 in Dallas by Moses Feldman, the company began as a scrap-recycling business and evolved over more than a century into an integrated provider of steel and construction solutions. Its corporate headquarters are in Irving, Texas, near Dallas. CMC’s business model is built on vertical integration across the steel value chain, from scrap recycling through manufacturing, fabrication, and distribution. In its core U.S. operations, the company is especially well known for long steel products used in construction, including reinforcing bar (rebar), wire rod, merchant bar, and related shapes. Beyond mill products, CMC offers higher-value construction solutions for civil and building applications, including rebar fabrication, accessories, preconstruction support, soil stabilization, and foundation-enhancement products. From a competitive standpoint, CMC holds a leading position in the U.S. construction-steel market, particularly in reinforcing bar and other long products. Its competitive advantages include a recycling-based input model, electric-arc-furnace steelmaking, a broad manufacturing footprint, and a customer base tied to infrastructure, commercial buildings, industrial facilities, and public works. The company also maintains a selective presence outside the United States, including in Europe and parts of Asia, which adds some geographic diversification. Key products and brands include rebar, merchant and structural bar, wire rod, and corrosion-resistant solutions such as GalvaBar. CMC also markets lower-carbon and carbon-neutral offerings for certain product lines, aligning with customer demand for more sustainable construction materials. Recent developments have focused on expanding CMC’s footprint in precast concrete and related infrastructure products. In 2025, the company announced and then completed the acquisition of CP&P, followed by the acquisition of Foley Products Company, strengthening its position in the U.S. precast market. In early fiscal 2026, CMC reported sequential improvement in steel margins and continued to emphasize its long history of dividend payments, underscoring a business model that can generate cash through cycles despite the volatility inherent in steel and construction demand.