Grupo Simec, S.A.B. De C.V. Announces Production Results for the Third Quarter and Nine-Month Period Ended September 30, 2020
October 28, 2020 at 12:03 pm EDT
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Grupo Simec, S.A.B. de C.V. announced production results for the third quarter and nine-month period ended September 30, 2020. For the quarter, the company reported commercial profiles production was 461 tons against 390 tons a year ago. Special profiles production was 215 tons against 206 tons a year ago. Total production was 676 tons against 596 tons a year ago.
For the period, commercial profiles production was 1,268 tons against 1,120 tons a year ago. Special profiles production was 571 tons against 659 tons a year ago. Total production was 1,839 tons against 1,779 tons a year ago.
Grupo Simec SAB de CV is a Mexico-based company primarily engaged in producing, processing and distributing special steels and structural steel sections. The Company identifies its operating segments by regions: Mexico and the United States of America. The Firm's Mexican segment includes the Mexicali, Guadalajara, Tlaxcala and San Luis Potosi plants. The United States segment includes seven plants, six of which are located in the states of Ohio, Indiana and New York. The segments manufacture and sell steel products destined mainly for the construction and automotive industries. The Company, through its subsidiaries, is also present in Brazil and the Netherlands.
GRUPO SIMEC, S.A.B. DE C.V. 
