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Grupo Simec SAB de CV Company Snapshot
Business Description:
Grupo Simec SAB de CV operates in the Blast furnaces and steel mills sector. Grupo Simec SAB de CV (Simec) is a Mexico-based holding company that, along with its subsidiaries, is principally engaged in the steel industry. Its activities include the manufacture, processing and distribution of special bar quality (SBQ) steel and structural steel products. The Company's 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. Its structural steel products are mainly used in the non-residential construction market and other construction applications. The Company conducts its business in two segments: Mexican segment and the United States segment. Through its subsidiaries, the Company also has operations established in Canada and the Netherlands Antilles. As of June 1, 2011, the Company's majority shareholder was Industrias CH SAB de CV, with 55.3% of its interest. In our complete report available for purchase the company is compared to: Industrias CH S.A.B. de C.V., Cap SA and Kyoei Steel Ltd.
   
   
 
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Grupo Simec SAB de CV
  Stock Performance Chart for Grupo Simec SAB de CV
 
  Stock Data: Recent Stock Performance:
  Current Price (2/3/2012): 33.13
(Figures in Mexican Pesos)
1 Week 0.5%   13 Weeks 0.4%  
4 Weeks 9.7%   52 Weeks -2.3%  
 
Grupo Simec SAB de CV Key Data:
  Ticker: SIMEC B Country: MEXICO
  Exchanges: MXK Major Industry: Metal Producers & Products Manufacturers
    Sub Industry: Steel Producers - Non-integrated
  2010 Sales 24,576,436,000
(Year Ending Jan 2011).
Employees: 4,361
  Currency: Mexican Pesos Market Cap: 16,489,106,260
  Fiscal Yr Ends: December Shares Outstanding: 497,709,214
  Share Type: B Accion Closely Held Shares: 402,038,857
 
 
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