SiderPeru, Peru's major steel manufacturer controlled by Gerdau, suffered a substantial net profit decline during Q2 2025. The downturn resulted from operational challenges, rising raw material costs, & adverse market conditions affecting Peru's steel sector. While competitor Aceros Arequipa achieved 38% profit growth, SiderPeru struggled with equipment maintenance issues, energy cost escalation, & supply chain disruptions. The company has initiated comprehensive strategic reviews including cost optimization programs & technology investments to restore profitability & strengthen competitive positioning in Peru's evolving steel market.