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I C H Ltd history
I C H Ltd company history timeline
In 1991, ICH was acquired by the actual administration, whose strategy is based on a more efficient processing, product diversification, and higher added value through the purchase of steel companies in North and South America.
In 1993, ICH acquired Procarsa, S.A. de C.V. located in Ciudad Frontera, Coahuila, dedicated to the fabrication of large diameter steel pipes.
In 1999, ICH merged with Grupo Ruvi, S.A. de C.V., owner of Siderúrgica del Golfo, S.A. de C.V., (SIGOSA) a rolling plant in Matamoros, Tamaulipas dedicated to fabrication of commercial and structural steel long products with the state-of-art technology.
In 2004, Simec acquired Grupo Sidenor assets and facilities in Apizaco, Tlaxcala, and Cholula, Puebla, dedicated to the fabrication of special bar quality steels (SBQ), commercial and structural long products, and rebar.
In 2006, ICH & Simec established as the largest producer of SBQ steels in North America mainly because of the results of Republic Steel.
In 2011, Republic Steel through SIMEC acquired Bluff City Steel (BCS Industries) assets & facilities in USA which gave a thermic treatment to special-alloy steels.
In 2013, ICH invested in an electric arc furnace (EAF) in Río Bravo, Tamaulipas with an installed capacity of 500,000 annual tons to provide billet to SIGOSA rolling facility in Matamoros, which was previously imported.
In 2017, Simec expanded it Aceros D.M. (San Luis Potosí) facility with a larger rolling mill, increasing its production from 480,000 to 580,000 annual tons.
The facility started operations in June 2018.
A number of face-to-face meetings resulted in draft guidance that was released globally for public consultation in March 2019.
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I C H Ltd may also be known as or be related to I C H Ltd, ICH CORP and ICH Corporation.