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17 May
13:52

Lower steel prices impact Siderperu's first-quarter revenue

Peruvian long steelmaker Empresa Siderúrgica del Perú (Siderperu), a subsidiary of Brazil's Gerdau, reports first-quarter revenue that was little-changed compared with Q4 2023 but below the same period last year. The year-on-year reduction was mainly due to lower sales and realised steel prices, the steelmaker says in its latest operating report seen by Kallanish. “Despite lower Q1 results, Siderperu maintains a solid …
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