24.36
-6.31%
Close of 9 Nov 2026, in USD
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About Grupo Simec SAB de CV ADR
Its shares trade under the ticker SIM. It has been listed since 1 July 1993. In the fiscal year to 31 December 2025, it reported revenue of $33.66bn and net income of $10.49bn. At that date it held total assets of $71.60bn and shareholders' equity of $59.46bn.
Grupo Simec, S.A.B. de C.V. manufactures, processes, and distributes special bar quality (SBQ) steel and structural steel products in Mexico, the United States, Brazil, Canada, Latin America, and internationally. The company produces I-beams, channels, structural and commercial angles, hot rolled bars, flat bars, rebars, cold-finished bars, electro-welded wire mesh and mesh panels, and wire rods, as well as other semi-finished trade products. Its SBQ products are used across a range of engineered end-user applications, including axles, hubs, and crankshafts for automobiles and light trucks, machine tools, and off-highway equipment; and structural steel products are used in the non-residential construction market and other construction applications. The company also exports its steel products to Central and South America, and Europe. The company was founded in 1934 and is headquartered in Guadalajara, Mexico. Grupo Simec, S.A.B. de C.V. is a subsidiary of Industrias CH, S.A.B. de C.V.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Materials
- Industry
- Metals & Mining
- Listed since
- 1 Jul 1993
- Employees
- 4,702
- Website
- gsimec.com.mx ↗
- Head office
- CALZADA LAZARO CARDENAS 601, 44910 GUADALAJARA JA, NY, 10022
- Classification
- Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens)
- Filer status
- Large accelerated filer
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Grupo Simec manufactures special bar quality steel for automobile axles and hubs.
- The company distributes structural steel products to the non-residential construction market.
- Grupo Simec exports steel products to Central America, South America, and Europe.
Weaknesses
- The company relies on manufacturing processes for hot rolled and cold-finished bars.
- Production includes semi-finished trade products like wire rods and electro-welded wire mesh.
- Operations are concentrated in Mexico, the United States, Brazil, and Canada.
Opportunities
- Growing demand for machine tools creates opportunities for special bar quality steel.
- Expansion into off-highway equipment markets supports sales of engineered steel applications.
- Increasing construction activity boosts demand for structural and commercial angles globally.
Threats
- Fluctuating raw material costs impact the profitability of structural steel production.
- Competition in the Latin American market affects distribution of special bar quality steel.
- Economic downturns in the United States reduce demand for non-residential construction.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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