Grupo Simec SAB de CV operates within the Blast furnaces and steel mills sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Grupo Simec SAB de CV with three other
steel companies in Latin America:
Industrias CH SAB de CV
sales of 39.56 billion Mexican Pesos [US$1.94 billion]
of which 36%
(2.11 trillion Chilean Pesos [US$2.85 billion]
of which 68%
was Mining), and
Corporacion Aceros Arequipa S.A.
based in PERU
(2.84 billion Peruvian Sols [US$712.98 million]
of which 64%
was Construction Bars and Wire).
During the first
quarter of 2021, sales at Grupo Simec SAB de CV totalled
13.35 billion Mexican Pesos.
an increase of 57.1%
from the 8.50 billion Mexican Pesos in sales at the company during the first quarter of 2020.
This was the largest same quarter increase in sales since the fourth
quarter of 2016.
During the year ended December of 2020, sales at
Grupo Simec SAB de CV were 35.96 billion Mexican Pesos (US$1.77 billion).
increase of 5.2%
versus 2019, when the company's sales were 34.17 billion Mexican Pesos.