Grupo Simec SAB de CV ADR (SIM)

Grupo Simec SAB de CV ADR is a depositary receipt listed on the NYSE that represents common stock of Grupo Simec, S.A.B. de C.V., a Mexico-based steel producer. Through its operating businesses, the company makes, processes, and distributes special bar quality steel and structural steel products across Mexico, the United States, Brazil, Canada, Latin America, and other international markets. Its product range includes structural shapes, bars, rebar, wire mesh, wire rod, and semi-finished steel items. These materials are used in applications such as automotive components, machine tools, off-highway equipment, and non-residential construction. Founded in 1934 and headquartered in Guadalajara, the company is a subsidiary of Industrias CH, S.A.B. de C.V. It also exports steel products to markets in Central and South America and Europe.

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