Grupo Simec SAB de CV (Simec) is a Mexico-based holding company primarily engaged, together with its subsidiaries, in the steel industry. The Company�s activities include the manufacture, processing and distribution of special bar quality (SBQ) steel and structural steel products. Its SBQ products are used across a range of engineered end-user applications, such as 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.