Simona AG (DE000A3E5CP0)
XSTU 
Summary
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Simona AG Profile
| Metals & Mining Industry | Materials Sector | Sergio Vigil González CPA CEO | XSTU Exchange | US4004911065 ISIN |
| MX Country | 4,565 Employees | 20 Mar 2020 Last Dividend | 8 May 2008 Last Split | 1 Jul 1993 IPO Date |
Overview
Grupo Simec, S.A.B. de C.V., based in Guadalajara, Mexico, is a leading manufacturer, processor, and distributor of special bar quality (SBQ) steel and steel alloy products. Catering to a diverse international market, the company has established its presence in Mexico, the United States, Brazil, Canada, Latin America, and beyond. It boasts a rich history dating back to 1934 and operates as a subsidiary of Industrias CH, S.A.B. de C.V. Grupo Simec’s extensive product range serves a variety of engineered end-user applications, and it is also involved in exporting its steel products to Central and South America, as well as Europe, showcasing its broad global outreach.
Products and Services
- I-beams, Channels, Structural and Commercial Angles: Essential components for the construction industry, these structural steel products are utilized in non-residential construction and various other construction applications to provide strength and support to buildings and structures.
- Hot Rolled Bars, Flat Bars, Rebars: These materials are used in a wide range of construction and manufacturing processes. Rebars, for instance, are key to reinforcing concrete, ensuring the durability and longevity of constructed structures.
- Cold-Finished Bars: Produced by cold drawing, turning, or grinding hot rolled bars, cold-finished bars have precise dimensional accuracy, superior surface finish, and enhanced mechanical properties. They are used in applications requiring high precision and strength.
- Electro-Welded Wire Mesh and Mesh Panels: These are crucial in construction for reinforcing concrete slabs and walls, contributing to the overall structural integrity of buildings and infrastructure projects.
- Wire Rods: Found in a multitude of applications, wire rods are used to make fasteners, springs, wire ropes, cables, and other products that require high durability and strength.
- Semi-Finished Tube Rounds and Other Semi-Finished Trade Products: These intermediate goods are processed further to create a wide array of finished steel products, serving various sectors including automotive, machinery, and construction.
- SBQ Products: Grupo Simec’s SBQ steel products, including axles, hubs, and crankshafts, are specifically designed for critical engineering applications in automobiles and light trucks, machine tools, and off-highway equipment, where high performance and reliability are paramount.
Contact Information
