10 Best Steel Stocks to Buy Right Now

8. Grupo Simec, S.A.B. de C.V. (NYSE:SIM)

On February 19, 2026, Grupo Simec, S.A.B. de C.V. (NYSE:SIM) announced 2025 net sales of Ps. 30,291 million, a 10% decrease as shipments declined by 6% to 1.933 million tons and average prices dipped by 4%. Sales outside Mexico plummeted by 14% to Ps. 13,234 million, while sales in Mexico dropped by 7% to Ps. 17,057 million. The company achieved a gross profit of Ps. 7,634 million, with the margin increasing to 25% from 23%. Operating income increased 1% to Ps. 5,365 million. EBITDA rose 1% to Ps. 6,446 million. Net income declined by 85% to Ps. 1,533 million, highlighting a net exchange loss of Ps. 3,602 million compared to a Ps. 5,556 million gain the previous year.

Grupo Simec, S.A.B. de C.V. (NYSE:SIM) reported net sales of Ps. 7,972 million and net income of Ps. 770 million in the fourth quarter of 2025.

Grupo Simec, S.A.B. de C.V. (NYSE:SIM) manufactures, processes, and distributes steel and structural steel products. It operates in three geographical segments: Mexico, the United States, and Brazil.