Siderperu faces 110 layoffs: PEN 58.61 million profit frames Siderperu stock

Published on 10/16/2026 at 01:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Labor groups planned an October 16, 2026 protest over 110 Siderperu layoffs. Siderperu stock's latest quarter brought PEN 598.64 million revenue.

Labor and operating context

Labor groups announced an October 16, 2026 protest concerning 110 dismissed workers.
Siderperu received a USD 185 million green credit line on September 22, 2026.
The latest quarter brought PEN 598.64 million in revenue and PEN 58.61 million in net income.

Siderperu, PEP531001001, Illustration mit AI erstellt.

Siderperu (ISIN PEP531001001) faces a labor dispute involving 110 dismissed workers, while its latest quarter produced PEN 598.64 million in revenue and PEN 58.61 million in net income. Diario de Chimbote reported on October 15, 2026, that unions were organizing a protest over the dismissals. The combination puts workforce decisions alongside the company's recent operating results for Siderperu stock.

Labor dispute brings a near-term test

The planned mobilization was scheduled for October 16, 2026, outside Siderperu's facility in Chimbote. Union representatives said they were preparing a technical and economic review to challenge the justification for the dismissals, according to Diario de Chimbote. The report describes the protest as a labor action rather than a new operating announcement from the steelmaker.

What does financing mean for recycling?

On September 22, 2026, Banco de Credito del Peru granted Siderperu a green credit line of up to USD 185 million for scrap-metal purchases. El Fondo said the financing supports circular steel production. Zoom Empresarial reported that Siderperu reused more than 385,000 metric tons of scrap in 2025. That figure gives the credit line a direct operating connection to the company's raw-material strategy.

Three dated developments

On July 31, 2026, the latest quarterly release showed PEN 598.64 million in revenue and PEN 58.61 million in net income, according to Investing.com. On September 22, 2026, BCP granted the USD 185 million green line. On October 15, 2026, unions announced the October 16 protest concerning 110 dismissed workers.

Next dated event

The next dated event is the October 16, 2026 labor mobilization announced by union representatives in Chimbote, according to Diario de Chimbote.

Operating figures set the reference point

The latest quarterly revenue of PEN 598.64 million was lower than the PEN 633.24 million comparison figure shown in the same financial summary, while net income rose from PEN 51.38 million to PEN 58.61 million. The operating figures and the labor dispute therefore provide separate reference points for assessing Siderperu stock.