Peru
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Aceros Arequipa profits inch up

Bnamericas
Peruvian steelmaker Aceros Arequipa posted a third quarter consolidated profit of 9.38mn soles (US$2.70mn) compared to 9.20mn in same-period 2002, the company told the country's security regulators Conasev. Revenue came in at 135mn soles (US$38.9mn), up on 119mn for the year ago period, it said. Aceros Arequipa is based in the southern city of the same name and in 1983 opened a second rolling plant in Pisco, south of Lima, specifically to produce steel for the construction sector. In 2002, Aceros Arequipa produced 298,000t of steel.

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