Business: Grupo Simec S.A. de C.V. ADR 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.