Commercial Metals Launches RebarZero™

Commercial Metals Company (“CMC”) today announced the introduction of RebarZero™, a line of rebar products with net-zero greenhouse gas emissions. This offering will be the first of its kind to provide a carbon neutral profile from production to final delivery at the job-site, covering emissions on a scope 1, 2 and 3 basis. In conjunction with the launch of RebarZero™, CMC is also introducing net-zero steel across its entire mill product portfolio, including merchant bar, wire rod, and fence posts.

“Sustainability has been at the core of our Company since its founding as a single metals recycling yard over a century ago,” said Barbara Smith, Chairman of the Board, President, and Chief Executive Officer. “The introduction of CMC’s net-zero offering carries that proud legacy forward and ensures we remain at the forefront of our industry by providing customers with one of the lowest emissions steel products in the marketplace. RebarZero™ was developed to put our customers’ projects at the leading edge of sustainable construction. Today’s product launch further strengthens CMC’s ability to provide innovative solutions for the construction and industrials markets across a wide breadth of end use applications.”

CMC believes it operates one of the most efficient fleets of steel mills in the world and is a long-time leader in environmentally friendly and sustainable steelmaking. All of CMC’s steel products are made using recycled scrap in cost efficient electric arc furnaces. On a per ton basis, the greenhouse gas emissions, energy intensity, and water usage of CMC’s mills are just a fraction of the domestic and global industry average. To learn more about RebarZero™, including the usage of renewable energy credits and high-quality carbon offsets to neutralize scope 1, 2, and 3 carbon emissions, please visit: https://www.cmc.com/zero.

About Commercial Metals Company

Commercial Metals Company (NYSE: CMC) and its subsidiaries manufacture, recycle and fabricate steel and metal products and provide related materials and services through a network of facilities that includes seven electric arc furnace (“EAF”) mini mills, two EAF micro mills, one rerolling mill, steel fabrication and processing plants, construction-related product warehouses, and metal recycling facilities in the United States and Poland. Through its Tensar division, CMC is a leading global provider of innovative ground and soil stabilization solutions selling into more than 80 national markets through its two major product lines: Tensar® geogrids and Geopier® foundation systems.

Source: Commercial Metals Company