Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Gerdau to Invest $120 Million in Peru Steel Mill, Andina Says

Gerdau SA will invest $120 million to upgrade its Peruvian unit over the next three years, state news agency Andina reported.

The company is studying a $480 million expansion of Empresa Siderurgica del Peru SA, Andina said, citing Chief Executive Officer Andre Gerdau Johannpeter, who met today with Peruvian President Alan Garcia in Lima.

The company, which has invested $156 million in Peru since 2006, postponed expansion plans announced in 2008 due to the global crisis, the agency said. The steel market is “gradually recovering,” Andina cited Gerdau as saying.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.