SIDERPERU is a Peruvian steel and iron company and controlled by Gerdau, a Brazilian siderurgy company.The company was founded in 1956 in Chimbote city. The steel complex is set in an 600 hectares large site and has a production capacity of more than 500 tons of steel products. It includes a blast furnace, the only one in Peru, and several electric arc furnaces that produce steel sponges. Since its foundation the company is the largest in its sector in Peru.