French industrial engineering group Fives signs a contract to supply an OTO tube mill & finishing equipment to Peru's Aceros Arequipa, enabling the steelmaker to enter tubular steel production for the first time. The investment targets Peru's large import market for pipes & hollow sections, driven by the country's massive infrastructure development pipeline. The deal reflects growing European industrial technology investment in Latin America & positions Aceros Arequipa to compete on quality & local supply reliability rather than price alone.