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10 Nov
10:59

Siderperu bags financial support for scrap recycling activities

Peruvian long products steelmaker Empresa Siderúrgica del Perú (Siderperu), a subsidiary of Brazil's Gerdau, says it has secured long-term funding from Banco de Crédito del Perú (BCP) to expand scrap use and, potentially, melting capacity. The financing of $4 million will be used also to promote a programme for the collection and use of scrap in the steelmaking process. “This loan strengthens the commitments t…
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