GRUPO SIMEC: Cites MXN12.6M for Pacific Steel Matters at Dec. 31

Grupo Simec, S.A.B. de C.V., at Dec. 31, 2008, reserved MXN12.6 million (US$900,000) for environmental contingency related to its United States subsidiary, Pacific Steel, Inc.

In September 2002, the Department of Toxic Substances Control inspected Pacific Steel’s facilities based on an…