Industrias CH, S.A.B de C.V. decides to invest through Grupo Simec S.A.B de C.V. (SIMEC)
PR Newswire - Mon Mar 24, 2:15PM CDT
Industrias CH, S.A.B de C.V. (ICH) informs investors that at its most recent Board of Directors meeting, a decision was reached to invest through Grupo Simec S.A.B de C.V. (NYSE: SIM) (SIMEC), in a 600,000 annual ton capacity facility of special bar quality steel (SBQ) in the northern part of Mexico.
Grupo Simec S.A.B de C.V. (NYSE:SIM) announces contract clarification with US Steel
PR Newswire - Thu May 16, 9:12AM CDT
Due to comments and questions posted by media, analysts, and investors, Grupo Simec S.A.B. de C.V. (NYSE: SIM) (Simec), a subsidiary of Industrias CH, S.A.B de C.V. (ICH), wishes to clarify their contract with U.S. Steel. During the 5-year contract, Grupo Simec will supply Tube Rounds to the U.S. Steel Tubular Products Division. The company estimates that the contract will generate sales of approximately 1.3 billion dollars.