Summary
South Korea's SK Telecom begins SIM card replacement after data breach
South Korea's largest carrier SK Telecom started on Monday to replace mobile SIM chips for its 23 million users following a data breach, prompting alarmed customers to form long lines for the replacements.
Telenor IoT Hits 25 Million SIM Cards Deployment Milestone
TELNY deploys 25 million SIM cards worldwide, empowering businesses to thrive in an increasingly connected world.
TotalEnergies sells Brazilian fuel distribution business to SIM Distribuidora
French oil major TotalEnergies has agreed to sell a network of about 240 retail fuelling stations plus ethanol and oil products storage facilities in Brazil to a subsidiary of Grupo Argentina, the company said on Friday.
Grupo Simec S.A.B. de C.V. Sponsored ADR (SIM) FAQ
What is the stock price today?
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Has Grupo Simec S.A.B. de C.V. Sponsored ADR ever had a stock split?
Grupo Simec S.A.B. de C.V. Sponsored ADR Profile
| Metals & Mining Industry | Materials Sector | Sergio Vigil González CPA CEO | AMEX Exchange | 400491106 CUSIP |
| 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
