Grupo ABX. Steel leadership
Abastecedora Industrial SA de CV, ABINSA, is founded as a hardware store and marketer for commercial steel for Monterrey’s local market.
Abinsa opens foreign markets increasing substantially both its supply sources and its sales volume.
A geographical expansion effort begins, following a multimodal strategy with the first branches in San Luis Potosí and San Nicolas.
Operations begin in the first production line, ABTUBE, validating the Group’s new approach of offering steel transformation processes.
Acquisition of primary steel bar manufacturing companies Atlax and Metamex.
Beginning of Joint- Venture within Atlax/Metamex and Spanish steelmaker in order to keep developing and increase special steel production.
Marks the start of the ABX focus on the industrial market through specialized products and services of high specification.
Divestment of primary steel divisions Metamex and Atlax redefining its investment strategy towards the transformation of value-added steel.
Institutionalization of the group with the formation of an independent board of directors.
ABSTEEL starts operations, the first flat steel service center 100% focused on the high specification industrial market.
Special bar quality division, ABTECH, splits, reinforcing the industrial focus of the Group
Acquisition of tubular parts manufacturer and assembler for the automotive industry, ABTEFLU.
ABFAB, metal fabrication center for flat steel, begins operations.
Since 1946 in the steel industry, we have established a strong presence and developed a strategy of added value for our customers.
Special bar quality division, ABTECH, splits, reinforcing the industrial focus of the Group.