- CEO
- Aldo Tapia Castillo
- Sector
- Non-energy minerals
- Industry
- Steel
- Address
- Lima Peru
- IPO Date
- Dec 13, 2004
- Business
- Empresa Siderúrgica del Perú S.A.A. (SIDERPERU), a subsidiary of Brazilian steel conglomerate Gerdau S.A., is a Peru-based industrial enterprise engaged in the manufacturing, processing, and commercialization of steel and metallurgical products. Founded in 1956 and headquartered in Lima, Peru, the company operates an extensive industrial manufacturing complex in Chimbote, Ancash, alongside commercial offices and distribution centers across the country, serving the construction, mining, and industrial sectors.
The company offers a diversified portfolio of steel products and engineered solutions categorized by end market: long steel products for civil construction, including corrugated rebar, smooth round bars, wire rod, and welded wire mesh; mining consumables, such as forged steel grinding balls and grinding bars engineered for mineral comminution; commercial and merchant bars, including structural angles, channels, flat bars, tees, and square profiles; drawn wire and hardware products, comprising annealed wire, galvanized wire, barbed wire, and industrial nails; tubular and flat-rolled derivatives, including hot-rolled and cold-rolled structural tubing, hollow sections, and galvanized pipes; and customized fabrication services, such as dimensioned and pre-cut rebar systems (acero dimensionado) and mechanical couplers. The company operates electric arc furnace facilities utilizing recycled ferrous scrap as a primary feedstock to support circular economy manufacturing.
In recent developments, SIDERPERU completed a USD 20 million technological modernization program across the rolling mills at its Chimbote industrial complex, increasing production capacity by 12 percent and optimizing operating efficiencies for its construction steel lines. To support its circular supply chain, the company secured sustainable financing mechanisms, including a USD 30 million green loan facility from Scotiabank and an up to USD 185 million green revolving line from Banco de Crédito del Perú (BCP) dedicated to recycled metallic scrap procurement. Additionally, the company optimized its operating portfolio by phasing out its non-core road infrastructure business line to focus resources on its primary steel manufacturing and value-added processing operations.