IRVING, Texas, May 12, 2021 /PRNewswire/ -- Commercial
Metals Company (NYSE: CMC) today announced that the Maricopa County
Air Quality Department on April 23
granted it an operating air permit, enabling the Company to begin
construction of its third technologically advanced micro mill, the
second at its Mesa, Arizona
site.
"Receiving the air permit is an important milestone in our
latest micro mill project, which we have named Arizona 2," said Tracy
Porter, Executive Vice President and Chief Operating
Officer. "With the permit in hand, we can now begin construction in
preparation for installation of the mill equipment, which we
ordered last year. We still anticipate commissioning to occur
during the spring of 2023."
"Once completed, Arizona 2 will
be the first micro mill in the world to produce merchant bar as
well as rebar, and will employ the latest in environmentally
friendly steelmaking technology. The plant's capability to directly
connect to an on-site renewable energy source, a first in
North America, will further
enhance the low emissions and highly efficient energy consumption
of the micro mill process. We are excited by Arizona 2's potential and the operational
efficiencies, network flexibility, market access, and environmental
benefits it will provide," Porter added.
"Mesa prioritizes
decision-making that supports a sustainable future for our
environment, and we are pleased to see CMC is setting the standard
for environmentally-friendly steelmaking," said Mesa Mayor John
Giles. "We are proud to have a long-standing partnership
with CMC in Mesa and look forward
to their continued success as leaders in their industry."
About Commercial Metals Company
Commercial Metals Company 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 U.S. and Poland.
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SOURCE Commercial Metals Company