Form SD COMMERCIAL METALS Co
- Nasdaq slides 1% as chipmaker Micron's warning rekindles tech rout
- Citi’s Top Equity Strategist Warns Analysts are Too Bullish on Stocks
- Bank of America Clients Continue to Buy the Rally, New Data Shows
- Novavax (NVAX) Crashes 30% After a Deep Guidance Cut, Analyst 'Frustrated'
- 'Hard to Say' Whether Current Crypto Bear Market is Over - Morgan Stanley
Get instant alerts when news breaks on your stocks. Claim your 1-week free trial to StreetInsider Premium here.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SPECIALIZED DISCLOSURE REPORT
Commercial Metals Company
(Exact name of registrant as specified in its charter)
|(State or other jurisdiction
of incorporation or organization)
6565 N. MacArthur Blvd.
|(Address of principal executive offices)||(Zip Code)|
Jody K. Absher
Vice President, General Counsel and Corporate Secretary
(Name and telephone number, including area code, of the person to contact in connection with this report.)
Check the appropriate box to indicate the rule pursuant to which this form is being filed, and provide the period to which the information in this form applies:
Rule 13p-1 under the Securities Exchange Act (17 CFR 240.13p-1) for the reporting period from January 1 to December 31, 2021.
Section 1 Conflict Minerals Disclosure
Item 1.01. Conflict Minerals Disclosure and Report
This report is being filed by Commercial Metals Company (together with its consolidated subsidiaries, CMC) for the calendar year ended December 31, 2021, in compliance with Rule 13p-1 (the Rule) of the Securities Exchange Act of 1934, as amended.
The Rule was adopted by the Securities and Exchange Commission (the SEC) to establish reporting and disclosure requirements in support of mandates under Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010.
As of December 31, 2021, CMC and its subsidiaries manufacture, recycle and fabricate steel and metal products, related materials and services through a network of facilities that includes seven electric arc furnace (EAF) mini mills, two EAF micro mills, a rerolling mill, steel fabrication and processing plants, construction-related product warehouses and metal recycling facilities in the United States and Poland. As of December 31, 2021, CMCs core business is the manufacture and sale of steel products. CMC operates steel mills in the United States and Poland.
Conflict Minerals Disclosure
CMC conducted a centrally coordinated product review to identify conflict minerals, as defined by the SEC, which exist in products manufactured and sold by CMC, and which are necessary to the functionality or production of those products. For the calendar year ended December 31, 2021, CMC engaged procurement and product experts across all product lines and business units to conduct the review.
With regard to products manufactured and sold by CMC, it is CMCs finding that any conflict minerals contained in such products originated solely from scrap metal sources and are unnecessary to the functionality or production of such products. Although some residual amount of the derivatives of tin, tantalum or tungsten may be present in steel products manufactured and sold by CMC, such conflict minerals come from scrap metal sources. Further, such conflict minerals are not necessary to the functionality or production of the steel products manufactured by CMC.
Reasonable Country of Origin Inquiry
CMC conducted a reasonable country of origin inquiry (RCOI) in good faith and in full consideration of the SECs guidance for the calendar year ended December 31, 2021. Specifically, CMC identified the suppliers of any such raw materials and requested vendor certifications, in the form of the Conflict Minerals Reporting Template specifically designed to determine whether conflict minerals originated in the Democratic Republic of the Congo or an adjoining country, as defined by the SEC, (collectively, the Covered Countries) or were obtained from recycled or scrap sources, as defined by the SEC. This information was accumulated and summarized to determine whether further due diligence procedures were necessary, and to determine the applicable Form SD reporting requirements. Given the results, no further due diligence procedures were required.
Reasonable Country of Origin Inquiry Conclusion
CMC has evaluated the results of the RCOI in good faith and in full consideration of the SECs guidance, and finds no reason to believe that any conflict minerals present in steel products manufactured and sold by CMC are necessary to the functionality or production of those products or originated in the Covered Countries.
The information in this Form SD is also publicly available on the Investors section, Filings and Annual Reports subsection, of the Companys website at www.cmc.com. This link is provided for convenience only. The content of CMCs website does not constitute a part of this Form SD.
Item 1.02 Exhibit
Section 2 Exhibits
Item 2.01 Exhibits
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the duly authorized undersigned.
|COMMERCIAL METALS COMPANY|
|Date: May 25, 2022||By:||/s/ Jody K. Absher|
|Name:||Jody K. Absher|
|Title:||Vice President, General Counsel and Corporate Secretary|
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Acronis Recognized as a High Performer in the Canalys Endpoint Security Vendor Performance Index for Q1 2022
- Hemp, Inc.'s Chief Visionary Consultant Bruce Perlowin Brings Opportunity to Hemp, Inc.
- Findit Inc Has Been Engaged by CTR Investments and Consulting, Inc. to Assist in Improving Overall Online Exposure for their Brands
Create E-mail Alert Related CategoriesSEC Filings
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!