Grupo Simec, S.A.B. de C.V. (FRA:GSM)
Germany flag Germany · Delayed Price · Currency is EUR
24.00
-1.40 (-5.51%)
At close: Nov 28, 2025

Grupo Simec Company Description

Grupo Simec, S.A.B. de C.V. manufactures, processes, and distributes special bar quality (SBQ) steel and structural steel products in Mexico, the United States, Brazil, Canada, Latin America, and internationally.

The company produces I-beams, channels, structural and commercial angles, hot rolled bars, flat bars, rebars, cold-finished bars, electro-welded wire mesh and mesh panels, and wire rods, as well as other semi-finished trade products.

Its SBQ products are used across a range of engineered end-user applications, including axles, hubs, and crankshafts for automobiles and light trucks, machine tools, and off-highway equipment; and structural steel products are used in the non-residential construction market and other construction applications.

The company also exports its steel products to Central and South America, and Europe. The company was founded in 1934 and is headquartered in Guadalajara, Mexico.

Grupo Simec, S.A.B. de C.V. is a subsidiary of Industrias CH, S.A.B. de C.V.

Grupo Simec, S.A.B. de C.V.
CountryMexico
Founded1934
IndustrySteel Works, Blast Furnaces (Including Coke Ovens), and Rolling Mills
Employees4,443
CEOSergio Vigil González

Contact Details

Address:
Calzada LAzaro CArdenas 601
Guadalajara, 44440
Mexico
Phone52 3 337 706 700
Websitegsimec.com.mx

Stock Details

Ticker SymbolGSM
ExchangeFrankfurt Stock Exchange
Fiscal YearJanuary - December
Reporting CurrencyMXN
SIC Code3312

Key Executives

NamePosition
Sergio Vigil GonzálezChief Executive Officer
Mario Moreno CortezChief Financial Officer
Armando Rueda GranadosChief Operating Officer