GRUPO SIMEC, S.A.B. de C.V 6-K, filed Oct 31, 2024

GRUPO SIMEC, S.A.B. de C.V. (SIM)

6-K 2024-10-31 For: 2024-10-31

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Added on April 04, 2026

About this 6-K

GRUPO SIMEC, S.A.B. de C.V filed this 6-K on October 31, 2024.

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	GRUPO SIMEC, S.A.B. de C.V.
	(Registrant)

Date: October 30, 2024.	By:	/s/ Sergio Vigil González
		Name:	Sergio Vigil González
		Title:	Chief Executive Officer

PRESS RELEASE	Contact: José Luis Tinajero
	Mario Moreno Cortez
	Grupo Simec, S.A.B. de C.V.
	Calzada Lázaro Cárdenas 601
	44440 Guadalajara, Jalisco, México
	52 55 1165 1025
	52 33 3770 6734

	Comparative first nine months of 2024 vs first nine months of 2023,
Consolidated Million	2024			2023
Net income (loss)		8,587			3,821
Loss attributable to noncontrolling interests		(2	)		(4	)
Net income (loss)		8,585			3,817
Depreciation, depletion, and amortization		749			823
Income taxes		762			1,541
Financial results income (loss)		(4,907	)		1,318
EBITDA		5,189			7,499

Items to reconciled adjusted EBITDA
Equity results and other results in associates and joint ventures		0			0
Dividends received and interest from associates and joint ventures (i)		0			0
Impairment and disposal of non-current assets		0			0
Adjusted EBITDA		5,189			7,499

	Comparative third quarter of 2024 vs second quarter of 2024,
Consolidated Million	Third quarter 2024			Second quarter 2024
Net income (loss)		3,152			3.979
Loss attributable to noncontrolling interests		(1	)		0
Net income (loss)		3,151			3,979
Depreciation, depletion and amortization		252			249
Income taxes		471			181
Financial results income (loss)		(2,098	)		(2,662	)
EBITDA		1,776			1,747

Items to reconciled adjusted EBITDA
Equity results and other results in associates and joint ventures		0			0
Dividends received and interest from associates and joint ventures (i)		0			0
Impairment and disposal of non-current assets		0			0
Adjusted EBITDA		1,776			1,747

	Comparative third quarter of 2024 vs third quarter of 2023,
Consolidated Million	Third quarter 2024			Third quarter 2023
Net income (loss)		3,152			1,802
Loss attributable to noncontrolling interests		(1	)		(2	)
Net income (loss)		3,151			1,800
Depreciation, depletion and amortization		252			264
Income taxes		471			298
Financial results income (loss)		(2,098	)		(283	)
EBITDA		1,776			2,079

Items to reconciled adjusted EBITDA
Equity results and other results in associates and joint ventures		0			0
Dividends received and interest from associates and joint ventures (i)		0			0
Impairment and disposal of non-current assets		0			0
Adjusted EBITDA		1,776			2,079

(millions of pesos)	Jan - Sep ’24		Jan - Sep ’23		Year 24 vs ’23
Sales		24,828		32,401		(23	)%
Cost of Sales		18,625		24,305		(23	)%
Gross Profit		6,203		8,096		(23	)%
Selling, General and Administrative Expense		1,834		1,587		16	%
Other Income (Expenses), net		71		167		(57	)%
Operating Profit		4,440		6,676		(33	)%
EBITDA		5,189		7,499		(31	)%
Net income		8,587		3,821		125	%
Sales Outside Mexico		10,979		13,571		(19	)%
Sales in Mexico		13,849		18,830		(26	)%
Total Sales (Tons)		1,536		1,640		(6	)%
Cost by ton		12,126		14,820		(18	)%

Quarter
(millions of pesos)	3Q’24		2Q ’24		3Q ’23		3Q´24vs 2Q´24			3Q´24 vs 3Q ’23
Sales		8,549		8,394		9,454		2	%		(10	)%
Cost of Sales		6,393		6,356		7,177		1	%		(11	)%
Gross Profit		2,156		2,038		2,277		6	%		(5	)%
Selling, General and Adm. Expenses		658		580		485		13	%		36	%
Other Income (Expenses), net		26		40		24		(35	)%		8	%
Operating Profit		1,524		1,498		1,816		2	%		(16	)%
EBITDA		1,776		1,747		2,079		2	%		(15	)%
Net Income		3,152		3,979		1,802		(21	)%		75	%
Sales Outside Mexico		3,691		3,593		3,932		3	%		(6	)%
Sales in Mexico		4,858		4,801		5,522		1	%		(12	)%
Total Sales (Tons)		521		536		531		(3	)%		(2	)%
Cost per Tons		12,271		11,858		13,516		3	%		(9	)%

Product	Thousands of Tons Jan-Sep 2024		Millions of Pesos Jan-Sep 2024		Average Price per Ton Jan-Sep 2024		Thousands of Tons Jan-Sep 2023		Millions of Pesos Jan- Sep 2023		Average Price per Ton Jan-Sep 2023
Special Profiles		403		7,653		18,990		479		10,795		22,537
Commercial Profiles		1,133		17,175		15,159		1,161		21,606		18,610
Total		1,536		24,828		16,164		1,640		32,401		19,757

Product	Thousands of Tons Jul-Sep 2024		Millions of Pesos Jul-Sep 2024		Average Price per Ton Jul-Sep 2024		Thousands of Tons Apr-Jun 2024		Millions of Pesos Apr-Jun 2024		Average Price per Ton Apr-Jun 2024		Thousands of Tons Jul-Sep 2023		Millions of Pesos Jul-Sep 2023		Average Price per Ton Jul-Sep 2023
Special Profiles		153		2,939		19,209		144		2,638		18,319		155		3,468		22,374
Commercial Profiles		368		5,610		15,245		392		5,756		14,684		376		5,986		15,920

Total		521		8,549		16,409		536		8,394		15,660		531		9,454		17,804


CLAVE DE COTIZACION: SIMEC		QUARTER: 3
GRUPO SIMEC, S.A.B. DE C.V		2024


(THOUSAND PESOS)

	ENDING CURRENT QUARTER			ENDING PREVIOUS YEAR
ACCOUNT	Amount			Amount
TOTAL ASSETS		74,847,267			66,787,612
TOTAL CURRENT ASSETS		49,625,142			43,553,880
CASH AND CASH EQUIVALENTS		28,267,462			23,584,335
SHORT-TERM INVESTMENTS		0			0
AVAILABLE-FOR-SALE INVESTMENTS		0			0
TRADING INVESTMENTS		0			0
HELD-TO-MATURITY INVESTMENTS		0			0
TRADE RECEIVABLES, NET		5,675,377			5,679,574
TRADE RECEIVABLES		5,882,913			5,963,131
ALLOWANCE FOR DOUBTFUL ACCOUNTS		-207,536			-207,536
OTHER RECEIVABLES, NET		3,620,188			3,254,473
OTHER RECEIVABLES		3,620,188			3,254,473
ALLOWANCE FOR DOUBTFUL ACCOUNTS		0			0
INVENTORIES		11,511,016			10,203,810
BIOLOGICAL CURRENT ASSETS		0			0
OTHER CURRENT ASSETS		551,099			831,688
PREPAYMENTS		0			0
DERIVATIVE FINANCIAL INSTRUMENTS		0			0
ASSETS AVAILABLE FOR SALE		0			0
DISCONTINUED OPERATIONS		0			0
RIGHTS AND LICENSES		0			0
OTHER		551,099			831,688
TOTAL NON-CURRENT ASSETS		25,222,125			23,233,732
ACCOUNTS RECEIVABLE, NET		0			0
INVESTMENTS		0			0
INVESTMENTS IN ASSOCIATES AND JOINT VENTURES		0			0
HELD-TO-MATURITY INVESTMENTS		0			0
AVAILABLE-FOR-SALE INVESTMENTS		0			0
OTHER INVESTMENTS		1,530,766			1,461,865
PROPERTY, PLANT AND EQUIPMENT, NET		19,883,654			17,953,857
LAND AND BUILDINGS		6,769,294			6,649,656
MACHINERY AND INDUSTRIAL EQUIPMENT		31,200,218			29,700,779
OTHER EQUIPMENT		325,639			319,595
ACCUMULATED DEPRECIATION		-25,164,589			-23,109,581
CONSTRUCTION IN PROGRESS4		6,753,092			4,393,408
INVESTMENT PROPERTY		0			0
BIOLOGICAL NON- CURRENT ASSETS		0			0
INTANGIBLE ASSETS, NET		2,280,403			2,298,081
GOODWILL		1,814,160			1,814,160
TRADEMARKS		329,600			329,600
RIGHTS AND LICENSES		0			0
CONCESSIONS		0			0
OTHER INTANGIBLE ASSETS		136,643			154,321
DEFERRED TAX ASSETS		0			0
OTHER NON-CURRENT ASSETS		1,527,302			1,519,929
PREPAYMENTS		0			0
DERIVATIVE FINANCIAL INSTRUMENTS		0			0
EMPLOYEE BENEFITS		0			0
AVAILABLE FOR SALE ASSETS		0			0
DISCONTINUED OPERATIONS		0			0
DEFERRED CHARGES		0			0
OTHER		1,527,302			1,519,929
TOTAL LIABILITIES		17,408,959			16,982,147
TOTAL CURRENT LIABILITIES		13,353,374			12,970,887
BANK LOANS		0			0
STOCK MARKET LOANS		5,940			5,102
OTHER LIABILITIES WITH COST		0			0
TRADE PAYABLES		6,367,210			7,443,227
TAXES PAYABLE		2,325,979			2,184,650
INCOME TAX PAYABLE		0			0
OTHER TAXES PAYABLE		2,325,979			2,184,650
OTHER CURRENT LIABILITIES		395,474			297,675
INTEREST PAYABLE		16,412			13,733
DERIVATIVE FINANCIAL INSTRUMENTS		0			0
DEFERRED REVENUE		0			0
EMPLOYEE BENEFITS		266,860			251,763
PROVISIONS		26,581			33,215
CURRENT LIABILITIES RELATED TO AVAILABLE FOR SALE ASSETS		0			0
DISCONTINUED OPERATIONS		0			0
OTHER		3,948,918			2,741,522
TOTAL NON-CURRENT LIABILITIES		4,055,585			4,011,260
BANK LOANS		0			0
STOCK MARKET LOANS		0			0
OTHER LIABILITIES WITH COST		0			0
DEFERRED TAX LIABILITIES		3,861,811			3,823,686
OTHER NON-CURRENT LIABILITIES		4,029			2,083
DERIVATIVE FINANCIAL INSTRUMENTS		0			0
DEFERRED REVENUE		0			0
EMPLOYEE BENEFITS		189,745			185,491
PROVISIONS		0			0
NON-CURRENT LIABILITIES RELATED TO AVAILABLE FOR SALE ASSETS		0			0
DISCONTINUED OPERATIONS		0			0
OTHER		0			0
TOTAL EQUITY		57,438,308			49,805,465
EQUITY ATTRIBUTABLE TO OWNERS OF PARENT		57,411,794			49,780,624
CAPITAL STOCK		2,832,268			2,832,268
SHARES REPURCHASED		-4,442,181			-4,355,320
PREMIUM ON ISSUANCE OF SHARES		4,575,233			4,575,233
CONTRIBUTIONS FOR FUTURE CAPITAL INCREASES		0			0
OTHER CONTRIBUTED CAPITAL		0			0
RETAINED EARNINGS (ACCUMULATED LOSSES)		54,446,474			46,728,443
LEGAL RESERVE		0			0
OTHER RESERVES		7,000,000			7,000,000
RETAINED EARNINGS		42,600,584			38,101,948
NET INCOME FOR THE PERIOD		8,587,182			4,282,906
OTHER		0			0
ACCUMULATED OTHER COMPREHENSIVE INCOME (NET OF TAX)		(3,741,292	)		(2,656,411	)
GAIN ON REVALUATION OF PROPERTIES		0			0
ACTUARIAL GAINS (LOSSES) FROM LABOR OBLIGATIONS		0			0
FOREING CURRENCY TRANSLATION		(3,713,585	)		(2,628,704	)
CHANGES IN THE VALUATION OF FINANCIAL ASSETS AVAILABLE FOR SALE		0			0
CHANGES IN THE VALUATION OF DERIVATIVE FINANCIAL INSTRUMENTS		0			0
CHANGES IN FAIR VALUE OF OTHER ASSETS		0			0
SHARE OF OTHER COMPREHENSIVE INCOME OF ASSOCIATES AND JOINT VENTURES		(27,707	)		(27,707	)
OTHER COMPREHENSIVE INCOME		0			0
NON-CONTROLLING INTERESTS		26,514			24,841

	ENDING CURRENT QUARTER		ENDING PREVIOUS YEAR
Informational data (not a part of the STATEMENTS OF FINANCIAL POSITION)	Amount		Amount

SHORT-TERM FOREIGN CURRENCY LIABILITIES		3,962,931		3,962,931
LONG-TERM FOREIGN CURRENCY LIABILITIES		488,242		488,242
CAPITAL STOCK (NOMINAL)		2,420,230		2,420,230
RESTATEMENT OF CAPITAL STOCK		412,038		412,038
PLAN ASSETS FOR PENSIONS AND SENIORITY PREMIUMS		0		0
NUMBER OF EXECUTIVES (+)		55		52
NUMBER OF EMPLOYEES (+)		1,402		1,414
NUMBER OF WORKERS (+)		2,984		2,794
OUTSTANDING SHARES (+)		497,709,214		497,709,214
REPURCHASED SHARES (+)		36,493,310		36,023,685
RESTRICTED CASH (1)		0		0
GUARANTEED DEBT OF ASSOCIATED COMPANIES		0		0

BOLSA MEXICANA DE VALORES, S.A.B. DE C.V.
CLAVE DE COTIZACION: SIMEC	QUARTER: 3	YEAR 2024
STATEMENTS OF COMPREHENSIVE INCOME
GRUPO SIMEC, S.A.B. DE C.V		CONSOLIDADO

(THOUSAND PESOS)

	CURRENT YEAR						PREVIOUS YEAR
ACCOUNT	ACCUMULATED			QUARTER			ACCUMULATED			QUARTER

REVENUE		24,827,746			8,548,765			32,401,468			9,454,493
SERVICES		0			0			0			0
SALE OF GOODS		24,827,746			8,548,765			32,401,468			9,454,493
INTERESTS		0			0			0			0
ROYALTIES		0			0			0			0
DIVIDENDS		0			0			0			0
LEASES		0			0			0			0
CONSTRUCTIONS		0			0			0			0
OTHER REVENUE		0			0			0			0
COST OF SALES		18,625,167			6,392,813			24,305,603			7,177,660
GROSS PROFIT		6,202,579			2,155,952			8,095,865			2,276,833
GENERAL EXPENSES		1,833,767			658,044			1,587,022			485,179
PROFIT (LOSS) BEFORE OTHER INCOME (EXPENSE), NET		4,368,812			1,497,908			6,508,843			1,791,654
OTHER INCOME (EXPENSE), NET		71,431			26,152			166,886			23,703
OPERATING PROFIT (LOSS) (*)		4,440,243			1,524,060			6,675,729			1,815,357
FINANCE INCOME		4,916,160			2,099,798			574,043			380,401
INTEREST INCOME		1,074,430			330,402			530,223			125,606
GAIN ON FOREIGN EXCHANGE, NET		3,799,250			1,769,396			0			254,795
GAIN ON DERIVATIVES, NET		0			0			0			0
GAIN ON CHANGE IN FAIR VALUE OF FINANCIAL INSTRUMENTS		0			0			0			0
OTHER FINANCE INCOME		42,480			0			43,820			0
FINANCE COSTS		9,353			1,850			1,891,881			97,866
INTEREST EXPENSE		9,353			1,850			137,870			97,866
LOSS ON FOREIGN EXCHANGE, NET		0			0			1,754,011			0
LOSS ON DERIVATIVES, NET		0			0			0			0
LOSS ON CHANGE IN FAIR VALUE OF FINANCIAL INSTRUMENTS		0			0			0			0
OTHER FINANCE COSTS		0			0			0			0
FINANCE INCOME (COSTS), NET		4,906,807			2,097,948			(1,317,838	)		282,535
SHARE OF PROFIT (LOSS) OF ASSOCIATES AND JOINT VENTURES		0			0			0			0
PROFIT (LOSS) BEFORE INCOME TAX		9,347,050			3,622,008			5,357,891			2,097,892
INCOME TAX EXPENSE		761,910			471,002			1,541,475			297,967
CURRENT TAX		849,986			438,091			1,548,996			306,432
DEFERRED TAX		(88,076	)		32,911			(7,521	)		(8,465	)
PROFIT (LOSS) FROM CONTINUING OPERATIONS		8,585,140			3,151,006			3,816,416			1,799,925
PROFIT (LOSS) FROM DISCONTINUED OPERATIONS		0			0			0			0
NET PROFIT (LOSS)		8,585,140			3,151,006			3,816,416			1,799,925
PROFIT (LOSS) ATTRIBUTABLE TO NON-CONTROLLING INTERESTS		(2,042	)		(807	)		(4,482	)		(1,725	)
PROFIT (LOSS) ATTRIBUTABLE TO OWNERS OF PARENT		8,587,182			3,151,813			3,820,898			1,801,650

BASIC EARNINGS (LOSS) PER SHARE		17.25			6.33			7.68			3.62
DILUTED EARNINGS (LOSS) PER SHARE		0			0			0			0

	CURRENT YEAR				PREVIOUS YEAR
Informational data (not part of the statement)	ACCUMULATED		QUARTER		ACCUMULATED		QUARTER
OPERATING DEPRECIATION AND AMORTIZATION		749,446		252,248		822,648		263,535
EMPLOYEE PROFIT SHARING EXPENSE		0		0		0		0

	CURRENT YEAR			PREVIOUS YEAR
CONCEPTS	Amount			Amount
OPERATING ACTIVITIES
PROFIT (LOSS) BEFORE INCOME TAX		9,347,050			5,357,891
+(-) ITEMS NOT REQUIRING CASH		0			0
+ ESTIMATE FOR THE PERIOD		0			0
+ PROVISION FOR THE PERIOD		4,255			3,683
+(-) OTHER UNREALISED ITEMS		0			0
+(-) ITEMS RELATED TO INVESTING ACTIVITIES		(367,464	)		292,425
DEPRECIATION AND AMORTISATION FOR THE PERIOD		749,446			822,648
(-)+ GAIN OR LOSS ON SALE OF PROPERTY, PLANT AND EQUIPMENT		0			0
+(-) LOSS (REVERSAL) IMPAIRMENT		0			0
(-)+ EQUITY IN RESULTS OF ASSOCIATES AND JOINT VENTURES		0			0
(-) DIVIDENDS RECEIVED		0			0
(-) INTEREST RECEIVED		(1,116,910	)		(530,223	)
(-) EXCHANGE FLUCTUATION		0			0
(-)+ OTHER INFLOWS (OUTFLOWS) OF CASH		0			0
+(-) ITEMS RELATED TO FINANCING ACTIVITIES		9,353			137,870
(+) ACCRUED INTEREST		9,353			137,870
(+) EXCHANGE FLUCTUATION		0			0
(+) DERIVATIVE TRANSACTIONS		0			0
(-)+ OTHER INFLOWS (OUTFLOWS) OF CASH		0			0
CASH FLOWS BEFORE INCOME TAX		8,993,194			5,791,869
CASH FLOWS FROM (USED IN) OPERATING ACTIVITIES		(4,195,055	)		(2,594,816	)
+(-) DECREASE (INCREASE) IN TRADE ACCOUNTS RECEIVABLE		(2,349,563	)		(305,413	)
+(-) DECREASE (INCREASE) IN INVENTORIES		(148,468	)		171,603
+(-) DECREASE (INCREASE) IN OTHER ACCOUNTS RECEIVABLE		720,979			145,019
+(-) INCREASE (DECREASE) IN TRADE ACCOUNTS PAYABLE		(3,204,611	)		(1,251,677	)
+(-) INCREASE (DECREASE) IN OTHER LIABILITIES		786,608			(1,354,348	)
+(-) INCOME TAXES PAID OR RETURNED		0			0
NET CASH FLOWS FROM (USED IN) OPERATING ACTIVITIES		4,798,139			3,197,053
INVESTING ACTIVITIES
NET CASH FLOWS FROM (USED IN) INVESTING ACTIVITIES		(388,221	)		(558,909	)
(-) PERMANENT INVESTMENTS		0			0
+ DISPOSITION OF PERMANENT INVESTMENTS		0			0
(-) INVESTMENT IN PROPERTY, PLANT AND EQUIPMENT		(1,460,199	))		(1,748,185	))
+ SALE OF PROPERTY, PLANT AND EQUIPMENT		0			0
(-) TEMPORARY INVESTMENTS		0			0
+ DISPOSITION OF TEMPORARY INVESTMENTS		0			0
(-) INVESTMENT IN INTANGIBLE ASSETS		0			0

	-	Assets and liabilities deferred income tax liabilities or assets and related agreements, employee benefits are recognized and valued in accordance with IAS 12, “Income tax and IAS 19, employee benefits, respectively;

	-	Liabilities or equity instruments related to the replacement by the Company acquired the business incentive base payments in shares, are valued in accordance with IFRS 2, “Share based payment” and.

	Percentage of equity owned
Subsidiaries established in Mexico:	2024			2023
Compañía Siderúrgica de Guadalajara, S.A. de C.V.		99.99	%		99.99	%
Arrendadora Simec, S.A. de C.V.		100.00	%		100.00	%
Simec International, S.A. de C.V.		100.00	%		100.00	%
Compañía Siderúrgica del Pacífico, S.A. de C.V.		99.99	%		99.99	%
Coordinadora de Servicios Siderúrgicos de Calidad, S.A. de C.V.		100.00	%		100.00	%
Industrias del Acero y del Alambre, S.A. de C.V.		99.99	%		99.99	%
Procesadora Mexicali, S.A. de C.V.		99.99	%		99.99	%
Servicios Simec, S.A. de C.V.		100.00	%		100.00	%
Sistemas de Transporte de Baja California, S.A. de C.V.		100.00	%		100.00	%
Operadora de Servicios Siderúrgicos de Tlaxcala, S.A. de C.V.		100.00	%		100.00	%
Operadora de Metales, S.A. de C.V.		100.00	%		100.00	%
Administradora de Servicios Siderúrgicos de Tlaxcala, S.A., de C.V.		100.00	%		100.00	%
CSG Comercial, S.A. de C.V.		99.95	%		99.95	%
Corporativos G&DL S.A. de C.V.(1)		100.00	%		100.00	%
Operadora de Servicios de la Industria Siderúrgica ICH, S.A. de C.V.		100.00	%		100.00	%
Corporación Aceros DM, S. A. de C. V. y Subsidiarias (3)		100.00	%		100.00	%
Acero Transportes San, S. A. de C. V. (3)		100.00	%		100.00	%
Simec Acero, S.A. de C.V.		100.00	%		100.00	%
Corporación ASL, S. A. de C. V. (1)		99.99	%		99.99	%
Simec International 6, S. A. de C. V. (1)		100.00	%		100.00	%
Simec International 7, S. A. de C. V. (1)		99.99	%		99.99	%
Simec International 9, S. A. P. I. de C.V.		99.99	%		99.99	%
Orge, S.A. de C.V.		99.99	%		99.99	%
Siderurgica de Occidente del Pacifico, S.A. de C.V.		99.99	%		99.99	%
RRLC, S.A DE C.V.		99.99	%		99.99	%
Republic Steel(5)		99.41	%		99.41	%
Pacific Steel, Inc. (5)		100.00	%		100.00	%
Pacific Steel Projects, Inc. (5)		100.00	%		100.00	%
Simec Steel, Inc. (5)		100.00	%		100.00	%
Simec USA, Corp. (5)		100.00	%		100.00	%
Undershaft Investments, NV. (6)		100.00	%		100.00	%
GV do Brasil Industria e Comercio de Aco LTDA (7)		100.00	%		100.00	%
Companhia Siderúrgica do Espirito Santo S.A.(11)		100.00	%		100.00	%
GS Steel B.V		100.00	%		100.00	%

	YEAR
Informative data (12 Months)	CURRENT		PREVIOUS
REVENUE NET (**)		33,565,526		42,548,842
OPERATING PROFIT (LOSS) (**)		5,584,062		8,715,160
PROFIT (LOSS) ATTRIBUTABLE TO OWNERS OF PARENT(**)		9,196,750		3,281,672
NET PROFIT (LOSS) (**)		9,201,823		3,275,582
OPERATING DEPRECIATION AND AMORTIZATION (**)		962,042		1,105,396

	QUARTER: 3	YEAR 2024

BOLSA MEXICANA DE VALORES, S.A.B. DE C.V. STATEMENTS OF CHANGES IN EQUITY
CLAVE DE COTIZACION: SIMEC

GRUPO SIMEC, S.A.B. DE C.V
		(THOUSAND PESOS)

			RETAINED EARNINGS (ACCUMULATED LOSSES)
OTHER CONTRIBUTED CAPITAL			RESERVES		UNAPPROPRIATED EARNINGS (ACCUMULATED LOSSES)		ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)			EQUITY ATTRIBUTABLE TO OWNERS OF PARENT			NON- CONTROLLING INTERESTS			TOTAL EQUITY

	(317,267	)		7,000,000		38,101,948		30,825			47,956,729			37,647			47,994,376







	289,560										289,560						289,560



											(40,816	)					(40,816	)





								(1,571,601	)		(1,571,601	)		(3,091	)		(1,574,692	)

						3,820,898					3,820,898			(4,482	)		3,816,416

	(27,707	)		7,000,000		41,922,846		(1,540,776	)		48,816,595			31,048			50,456,169

	(27,707	)		7,000,000		42,384,854		(2,628,704	)		49,780,624			24,841			49,805,465











											(86,861	)					(86,861	)





								(869,151	)		(869,151	)		3,715			(865,436	)

						8,587,182					8,587,182			(2,042	)		8,585,140

	(27,707	)		7,000,000		50,972,036		(3,497,855	)		57,411,794			26,514			57,438,308

Current exchange rate as of March 31, 2024			16.6780
Current exchange rate as of June 30, 2024			18.3773
Current exchange rate as of September 30, 2024			19.6697
Current exchange rate as of December 31, 2023			16.8935

	Years
Buildings		10 to 65
Machinery and equipment		5 to 40
Transportation equipment		4
Furniture, mixtures and computer equipment		3 to 10

						TOTAL AMOUNT
COMPANY NAME	PRINCIPAL ACTIVITY	NUMBER OF SHARES		% OWNERSHIP		ACQUISITION COST		CURRENT VALUE
SIMEC INTERNATIONAL	FABRICACION Y VENTA DE PROD. DE ACERO		0		99.99		0		0
ARRENDADORA SIMEC	FABRICACION Y VENTA DE PROD DE ACERO		0		100.00		0		0
PACIFIC STEEL	COMPRA VENTA DE CHATARRA		0		100.00		0		0
CIA SIDERURGICA DEL PACIFICO	ARRENDADORA DE INMUEBLES		0		99.89		0		0
COORDINADORA DE SERVICIOS	PRESTACION DE SERVICIOS		0		100.00		0		0
INDUSTRIA DEL ACERO Y EL ALAMBRE	FABRICACION Y VENTA DE PROD DE ACERO		0		99.99		0		0
PROCESADORA MEXICALI	COMPRA VENTA DE CHATARRA		0		99.99		0		0
SERVICIOS SIMEC	PRESTACION DE SERVICIOS		0		100.00		0		0
SISTEMAS DE TRANSPORTE DE BAJA CALIFORNIA	TRANSPORTISTA		0		100.00		0		0
OPERADORA DE METALES	PRESTACION DE SERVICIOS		0		100.00		0		0
OPERADORA DE SERVICIOS SIDERURGICOS DE TLAXCALA	PRESTACION DE SERVICIOS		0		100.00		0		0
ADMINISTRADORA DE SERV SIDERURGICOS DE TLAXCALA	PRESTACION DE SERVICIOS		0		100.00		0		0
REPUBLIC STEEL	FABRICACION Y VENTA DE PROD DE ACERO		0		99.41		0		0
OPERADORA DE SERV DE LA INDUSTRIA SIDERURGICA	PRESTACION DE SERVICIOS		0		100.00		0		0
CSG COMERCIAL	COMPRA VENTA DE PROD DE ACERO		0		99.95		0		0
COORPORACION ACEROS DM	SUB-HOLDING		0		99.99		0		0
COMERCIALIZADORA ACEROS DM	COMPRA VENTA DE PROD DE ACERO		0		100.00		0		0
PROMOTORA ACEROS SAN LUIS	COMPRA VENTA DE PROD DE ACERO		0		100.00		0		0
UNDER SHAFT	SUB-HOLDING		0		100.00		0		0
PROCESADORA INDUSTRIAL	PRESTACION DE SERVICIOS		0		99.99		0		0
CORPORATIVOS G&DL	PRESTACION DE SERVICIOS		0		100.00		0		0
ACERO TRANSPORTE SAN	TRANSPORTISTA		0		100.00		0		0
SIMEC INTERNATIONAL 6	FABRICACION Y VENTA DE PROD DE ACERO		0		99.99		0		0
SIMEC INTERNATIONAL 7	FABRICACION Y VENTA DE PROD DE ACERO		0		99.99		0		0
SIMEC ACERO	COMPRA VENTA DE PROD DE ACERO		0		100.00		0		0
SIMEC USA	COMPRA VENTA DE PROD DE ACERO		0		100.00		0		0
PACIFIC STEEL PROJECTS	PRESTACION DE SERVICIOS		0		100.00		0		0
SIMEC STEEL	PRESTACION DE SERVICIOS		0		100.00		0		0
CIA SIDERURGICA DE GUADALAJARA	FABRICACION Y VENTA DE PROD DE ACERO		0		99.99		0		0
CORPORACION ASL	COMPRA VENTA DE PROD DE ACERO		0		99.99		0		0
GV DO BRASIL	FABRICACION Y VENTA DE PROD DE ACERO		0		99.99		0		0
ORGE	FABRICACION Y VENTA DE PROD DE ACERO		0		99.99		0		0
SIDER DE OCCIDENTE DEL PACIFICO, S.A. DE C.V.	FABRICACION Y VENTA DE PROD DE ACERO		0		99.99		0		0
RRLC	FABRICACION Y VENTA DE PROD DE ACERO		0		99.99		0		0
SIMEC INTERNATIONAL 9	FABRICACION Y VENTA DE PROD DE ACERO		0		99.99		0		0
TOTAL INVESTMENT IN ASSOCIATES							0		0

	DOLLARS (1)				OTHER CURRENCIES
FOREIGN CURRENCY POSITION	THOUSANDS OF DOLLARS		THOUSAND PESOS		THOUSANDS OF DOLLARS		THOUSAND PESOS		THOUSAND PESOS TOTAL

MONETARY ASSETS		1,707,967		33,595,190		0		0		33,595,190
CURRENT		1,707,967		33,595,190		0		0		33,595,190

NON CURRENT		0		0		0		0		0

LIABILITIES		627,449		12,341,730		0		0		12,341,730
SHORT TERM		627,244		12,337,701		0		0		12,377,701

LONG TERM		205		4,029		0		0		4,029

NET BALANCE		1,080,518		21,253,460		0		0		21,253,460

	NOMINAL				NUMBER OF SHARES								CAPITAL SOCIAL
SERIES	VALUE ($)		VALID COUPON		FIXED PORTION		VARIABLE PORTION		MEXICAN		FREE SUBSCRIPTION		FIXED		VARIABLE

B		0		0		90,850,050		406,859,164		0		497,709,214		441,786		1,978,444








TOTAL						90,850,050		406,859,164		0		497,709,214		441,786		1,978,444

TOTAL NUMBER OF SHARES REPRESENTING THE CAPITAL STOCK OF THE DATE OF SENDING THE INFORMATION:																497,709,214