SIM
- Grupo Simec, SAB de CV
()
Overview
Company Summary
Grupo Simec, SAB de CV (SIM) is a leading steel manufacturing company based in Mexico. The company is primarily engaged in the production and distribution of steel products across various industries worldwide.
Grupo Simec operates through three main segments: steel manufacturing, steel processing, and metallurgical products. In the steel manufacturing segment, the company produces a broad range of finished and semi-finished steel products, including billets, beams, profiles, wire rods, and reinforcing bars.
The steel processing segment involves additional value-added processes such as cutting, bending, drilling, and galvanizing to meet customer-specific requirements. Grupo Simec's steel processing services cater to industries like construction, automotive, agriculture, and manufacturing.
The company's metallurgical products segment focuses on the production of metallurgical coke, which is primarily used as a fuel and reducing agent in steel manufacturing and other industries. They also produce slag, a byproduct of steel production that finds applications in the construction industry.
Grupo Simec operates various steel mills and processing facilities across Mexico, the United States, Canada, and Central America. The company's strategic locations enable it to serve diverse markets efficiently while reducing transportation costs.
In addition to manufacturing and processing steel, Grupo Simec also maintains strategic alliances with companies involved in mining, production, and distribution of raw materials essential for steel manufacturing.
Overall, Grupo Simec is committed to delivering high-quality steel products and services that meet the demanding requirements of its customers across industries globally.