Peruvian steelmaker Siderperu, which is owned by Brazilian Gerdau, said in a Peruvian securities exchange commission (SMV) document filing it has inaugurated a new electro-welded mesh mill.
The company plans to serve the local civil construction, mining and industrial segments.
The mill has a 40,000 mt/year capacity, it said.
Siderperu said the mill has a cold rolling mill, automatic cutting machines, as well as electro-welded production lines.
The mill is located in Huarochiri, Lima, in a 10,000 square-meter area. It invested $4 million to build the mill, it said.