Siderperú posted a fourth quarter profit as sales rose and costs declined. The company posted a PEN 11.5 million ($4.1 million) profit in the quarter, compared with a PEN 30.3 million loss a year earlier, as sales rose 19.8% to PEN 450 million from PEN 376 million in the same quarter in 2012.

Sales for the full year 2013 rose 3.4% to PEN 1.74 billion from PEN 1.68 billion in 2012, trimming the company's annual losses to PEN 1.9 million from PEN 99.2 million in 2012. Exports rose fell to PEN 82.9 million in 2013 from PEN 131 million in 2012.