Industrias CH

What Industrias CH does

Industrias CH, S.A.B. de C.V. (ICH) is a Mexican holding company founded in 1934 and headquartered in Tlalnepantla, State of Mexico, that consolidates the operations of Grupo Simec, its principal subsidiary (82.5% acquired in 2001, representing the substantial majority of group net sales). Through Simec and other wholly-owned entities, ICH manufactures and sells long steel products through 18 plants in Mexico, the United States, Canada, and Brazil, with a combined annual production capacity of 7.2 million tons. The product portfolio spans commercial profiles (angle, channel, flat bar, round, square, hexagonal, PTR), structural profiles (I-beams), rebar, wire rod and derivatives, special bar quality (SBQ) steel, welded pipe (ERW, DSAW, HSAW) including large-diameter helical pipe up to 100 inches, and semi-finished billet and bloom. The company is positioned as the leading producer of special steels in North America and the leading producer of commercial and structural profiles in Mexico.

The manufacturing process is vertically integrated: ferrous scrap is purchased through owned scrap yards across Mexico and the US, melted in electric arc furnaces at 1,600°C to produce steel billet/palanquilla, then transformed through rolling mills into finished products. Downstream value-added services — including heat treatment, pickling, turning/polishing, cold drawing (bar-to-bar, coil-to-bar, coil-to-coil), and pipe coating — are provided at dedicated facilities, supporting premium pricing in special steel and pipe segments. The commercial model is direct enterprise sales through plant-based teams, with no intermediary distributors, serving construction (primary), oil & gas, automotive, and manufacturing customers. Pricing is per-transaction based on specifications, quantity, and market conditions; no public pricing is disclosed. Geographic distribution covers Mexico, the US (with the Republic Steel platform acquired in 2005), Canada, and Brazil (added via ArcelorMittal plant acquisitions in 2018).

The company is publicly traded on the Mexican Stock Exchange (BMV: ICHB) and OTCMKTS (ICHBF), with employee count in the 5,001-10,000 range. ICH has grown from 70,000 tons of capacity in 1991 to 7.2 million tons in 2018 through a sustained acquisition program (Procarsa 1993, PyTSA 1997, Grupo Ruvi 1999, Simec 2001, Grupo Sidenor assets 2004, Republic Steel 2005, Grupo San 2008, BCS Industries 2011, ArcelorMittal Brazil 2018). The historical development perimeter is reinforced by major greenfield capacity additions (San Luis Potosí to 1 million tonnes, Río Bravo 500,000 tonnes, Tlaxcala special steel mill, helical pipe plant, Grupo San 580,000 tonnes). The disclosed Q2 2026 revenue was MXN 8.94 billion, placing ICH as a mid-to-large multi-country steel producer positioned at the upper end of the Latin American long steel segment.

Name

Industrias CH

Legal name

Industrias CH, S.A.B. de C.V.

Website

https://industriasch.com.mx

Company type

Public

Founded year

1934

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Industrias CH is a Mexican steel manufacturer producing long steel products — including special bar quality steel, rebar, structural profiles, wire rod, and welded pipe — through 18 plants across Mexico, the US, Canada, and Brazil, serving construction, oil & gas, automotive, and manufacturing customers via direct plant-based sales.

Ownership category

akta.pro rank

Product category

Steel Manufacturing

SIC

Steel Works, Blast Furnaces & Rolling & Finishing Mills (3310)

akta.pro primary industry

Electric Arc Furnace (EAF) Steelmaking (Incl. DRI/HBI-Based) (IMAKABAB)

Keywords

• Long steel products
• Special bar quality steel
• Welded steel pipes
• Structural steel profiles
• Electric arc furnace steel

Headquarters

HQ city

Mexico City

HQ country

Mexico

HQ region

Latin America

Offices19 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Infrastructure, Personnel, Operations, Technology or R&D

Revenue model

1. Steel Products Sales: Revenue generated from the sale of long steel products including special steels, commercial profiles, structural profiles, wire rod, pipe, rebar, and semi-finished steel (billet/palanquilla). Primarily one-time transactional B2B sales to construction, oil & gas, manufacturing, and automotive industries.
2. Scrap Metal Sales: The company operates scrap metal yards where they purchase and sell ferrous scrap materials used as raw material in their steelmaking process.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels2 records

Core offering

Industrias CH is a vertically integrated steel manufacturer that produces long steel products through electric arc furnace smelting of recycled scrap and rolling mill transformation. The company sells special steels (SBQ bars and coils), commercial profiles (angle, channel, flat bar), structural profiles (Viga IPS/IPR beams), wire rod and derivatives, welded pipes (ERW, DSAW, HSAW), rebar, and semi-finished billet/bloom to construction, oil & gas, automotive, and manufacturing customers across Mexico, USA, Canada, and Brazil.

Product overview

Industrias CH (ICH) is a Mexican steel producer and processor offering a diversified portfolio of steel products across multiple categories: commercial profiles (angle, channel, flat bar, round, square, hexagonal, welded profiles), structural profiles (Viga IPS/IPR beams), rebar, wire rod and derivatives, special steels (SBQ bars and coils), welded pipes (ERW, DSAW, HSAW), and semi-finished steel (billet/bloom). The company operates a vertically integrated manufacturing process from scrap collection through electric arc furnace melting and rolling mill finishing, with 18 manufacturing plants across Mexico, Brazil, and the USA. ICH's annual production capacity is 7.2 million tonnes, making it the leading producer of special steels in North America and commercial/structural profiles in Mexico. The company also offers downstream processing services including heat treatment, pickling, cold drawing, and pipe coating.

Differentiator

Problem solved

Functional benefit

Products and services

• Commercial Profiles (Perfiles comerciales) Steel commercial profiles including angle, channel, flat bar, round, square, hexagonal, unequal angle, welded profile, and PTR (structural tube), produced at multiple plants across Mexico, Brazil, and the USA. Sold to construction and industrial customers.
• Structural Profiles (Perfiles estructurales) Structural steel profiles including Viga IPS (I-beam) and Viga IPR beams, manufactured for construction and industrial applications.
• Rebar (Varilla) Deformed steel rebar (varilla corrugada) produced at Simec Guadalajara and Simec Mexicali plants, positioning Industrias CH as the second largest rebar producer in Mexico. Sold to construction companies and infrastructure developers.
• Wire Rod and Derivatives (Alambrón y derivados) Wire rod and derived products including mesh, barbed wire, castle formwork, annealed wire, electro-welded mesh, galvanized wire, fence, and reinforced toron, produced at Simec Pindanmonhangaba, Republic Steel Lackawanna, and Simec Tlaxcala.
• Special Steels (Aceros especiales) Special Bar Quality (SBQ) steel bars including special round, square, hexagonal, and flat/muelle (spring flat) bars, and special coils (rollo especial). Manufactured at multiple Republic Steel and Simec plants. Industrias CH is the leading producer of special steels in North America.
• Welded Pipes (Tubería)
• Billet / Bloom (Palanquilla / Bloom) Semi-finished steel products including billet (palanquilla) and bloom, produced at Acertam Río Bravo and Republic Steel Lorain facilities. Capacity expansions have reached 1 million tonnes of billet production at the San Luis Potosí plant. Sold as raw material for further rolling or to external customers.

Quantifiable outcome

• Production capacity growth from 70,000 tons (1991) to 7.2 million tons (2018)

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators8 records

Recent moves12 records

Expansion highlights4 records

Direct peers

• Ternium S.A. Latin American flat and long steel producer with integrated operations across Mexico, Argentina, and other LATAM markets serving construction and industrial customers — comparable geographic exposure and customer mix to ICH, particularly in Mexico.
• Nucor Corporation: The largest EAF-based steel producer in the United States, manufacturing long products, sheet steel, and special bar quality products for construction, automotive, and energy markets — closely overlapping ICH's EAF long-product and SBQ portfolio and US/Mexico customer base.
• Gerdau S.A. Latin America's largest long steel producer operating EAF mini-mills across Brazil, Argentina, Mexico, and the US, focused on construction, automotive, and special steel — directly comparable to ICH's geographic footprint and product mix.
• Commercial Metals Company (CMC): US-based metals recycler and manufacturer of long products including rebar, structural steel, and special bar quality using EAF/scrap-fed mini-mills — directly comparable to ICH in product range, recycling-based feedstock, and North American customer base.
• Steel Dynamics, Inc. US-based EAF steelmaker producing flat-rolled steel, structural steel, long products, and specialty steel using recycled scrap feedstock — comparable business model and customer segments to ICH, particularly in long products and SBQ.

Regional players

• Deacero, S.A.P.I. de C.V. One of Mexico's largest steel producers focused on long products, rebar, wire rod, and derivatives using EAF/scrap feedstock — directly competes with ICH's Simec operations in the Mexican construction and industrial long-products market.
• Companhia Siderúrgica Nacional (CSN): Major Brazilian integrated steel producer serving construction, packaging, and industrial markets — comparable in geographic focus (Brazil) and product range to ICH's Simec Brasil operations, though primarily flat-product focused.

Broad incumbents

• ArcelorMittal: The world's largest steel producer with integrated blast furnace and EAF operations globally, including Brazilian long-product assets divested to Simec in 2018 — overlapping product lines and Brazilian footprint with ICH, but on a vastly larger, more diversified scale.

Others

• Vallourec S.A. Global producer of seamless and welded steel pipe for oil & gas, power, and industrial applications — relevant comparator to ICH's Procarsa large-diameter welded pipe business serving oil & gas and infrastructure customers.

Emerging players

• OHB Aktiengesellschaft: European specialty long steel and engineering steel producer serving automotive and industrial customers with value-added heat treatment and finishing — comparable niche positioning in special bar quality and heat-treated steel products to ICH's Republic Steel operations.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/industrias-ch-sab-de-cv

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Industrias CH