The Chairman of the Board of Directors of the Libyan Iron and Steel Company, Dr. Muhammad Al-Faqih, announced that the three direct reduction plants combined achieved unprecedented record figures in 2024.
Al-Faqih explained in a visual statement on its Facebook page that the production of the three plants amounted to one million and 768 thousand tons, exceeding the estimated design capacity of one million and 750 thousand tons for the year.
He explained that the third direct reduction unit achieved a record number exceeding the design capacity of 650 thousand tons per year, stressing that the number 706 thousand was reached, which is more than the design capacity of the plants.
The company also announced earlier the export of an estimated quantity of 26,300 tons of hot-rolled iron to Italy on board the ship “Sabil Star” heading to the port of Marghera in Italy.