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SIMEC

Steel producer specializing in long and specialty steels

gsimec.com.mx

Founded year: 1934
Company type: Public company
Number of employees: 5,000–10,000
Industry: Iron & Steel

Last updated October 28

Latest news about SIMEC

In short: SIMEC's 2025 profit fell sharply on FX hits amid a deadly Tlaxcala plant explosion.

Company announcements

April 30, 2025 SIMEC

Simec reports Q1 2025 financial results

Net income decreases to Ps. 1,305 million from Ps. 1,456 million in Q1 2024, while EBITDA rises to Ps. 1,692 million.

April 29, 2025 SIMEC

Simec Announces Results of Operations for the Twelve-Month Period Ended December 31, 2024

Simec reports a net income increase to Ps. 10,488 million driven by exchange gains despite lower sales and operating income.

March 31, 2021 SIMEC

SIMEC reported increased revenue and net profit

Net sales grew 57% year-on-year to Ps. 13,355 million and net profit amounted to Ps. 2,644 million in the first quarter of 2021.

May 2, 2018 SIMEC

Simec acquires two steel plants in Brazil to expand local production

The subsidiary of Industrias CH invests its own resources to reach more than 1.1 million tons annually, consolidating itself as the third largest steel producer in the country.

Media coverage

October 28 MSN

Grupo Simec, SAB de CV reports net income increase of 428% for the first nine months of 2026

Grupo Simec, S.A.B. de C.V. announced its results of operations for the nine-month period ended September 30, 2026. Net sales increased 10% from Ps. 22,320...

July 31 Yahoo Finance

Grupo Simec: Q2 Earnings Snapshot

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March 3 Yahoo Finance

Grupo Simec, S.A.B. de C.V. (SIM) Reports Fiscal Year 2025 Financial Results

Grupo Simec, S.A.B. de C.V. (NYSEAM:SIM) is among the 10 Best Steel Stocks to Buy Right Now. On...

February 21 The Globe and Mail

Grupo Simec Posts Flat EBITDA but 85% Profit Drop on FX Hit in 2025 Results

Grupo Simec SA De CV ( (SIM)) just unveiled an update. Grupo Simec reported audited results for the twelve months ended December 31, 2025, showing...

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