Grupo Simec, S.A.B. de C.V. engages in the manufacture, processing, and distribution of special bar quality (SBQ) and structural steel products primarily in the United States, Mexico, and Canada. Its steel products include I-beams, channels, structural and commercial angles, flat bars, rebars, cold finished bars, wire rods, semi-finished tube rounds, and other semi-finished trade products, as well as hot rolled bars, which comprise round, square, and hexagonal rods. The company’s SBQ products are used in various engineered end-user applications, including axles, hubs, and crankshafts for automobiles and light trucks, machine tools, and off-highway equipment. Its structural steel products are used in the non-residential construction market and other construction applications. The company sells its products principally to the construction, appliance, and automotive industries. It also has operations in Latin America, Europe, and Asia. Grupo Simec, S.A.B. de C.V. was formerly known as Grupo Simec, S.A. de C.V. and changed its name to Grupo Simec, S.A.B. de C.V. in October 2006. The company was founded in 1969 and is based in Guadalajara, Mexico. Grupo Simec, S.A.B. de C.V. is a subsidiary of Industrias CH, S.A.B. de C.V.

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