Grupo Simec

Grupo Simec, S.A.B. de C.V. Sponsored ADR Class B is a steel manufacturing and distribution company focused on special bar quality steel, structural steel products, steel wire, rebar, and other long steel products. The business serves construction, infrastructure, industrial, and energy-related customers through production and commercial operations in Mexico, the United States, and Brazil, with additional market reach across North America and Latin America. Grupo Simec operates as part of the industrial metals sector, supplying materials used in demanding applications that require strength, consistency, and processing precision. The company’s product portfolio and regional footprint position it as a specialized participant in the steel market, serving both domestic and international demand for engineered metal products.