Peru's largest steel distributor and service center Tradisa will increase its storage and processing capacity in order to meet growing domestic demand. A source within the company tells Steel Business Briefing consumption has grown about 12% during the last few months and is expected to grow further.Tradisa, which operates four plants in Peru, has around 30,000 tonnes of storage capacity. The group handles both longs and flats and has a sales agreement with local steelmaker Aceros Arequipa to supply longs. The group currently imports flat steel.
"We are installing new equipment to increase our processing capacity, as well," the source says, though he says the company does not intend to open any new sites. The first new lines should be commissioned in a couple of month, he adds.
Publication: SBB - Steel Business Briefing
Provider: Steel Business Briefing
Date: July 17, 2008
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