The refined copper balance was in deficit in April, for the second month in a row.
Peru is easing environmental standards for its metallurgical industry, but NGOs warn this could be a step backward.
As the world transitions to a greener economy, several metals are expected to see demand surge, says a new World Bank report.
Steel distributor association Inda is downbeat on distributors' steel sales outlook.
Local producers ArcelorMittal Brasil, Usiminas, and CSN would be negatively affected.
Grupo Sura sees further growth in Peru's mining industry as miners tap into surging metals prices and strengthen their balance sheets.
The company is the second steelmaker in Brazil to announce a price increase for hot-rolled steel products in the last ten days.