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The statement of the Libyan Iron and Steel Company regarding the suspension of work

Based on the letter of the Minister of State for Prime Minister and Cabinet Affairs dated June 30, 2021 regarding his referral of the instructions of His Excellency the Prime Minister to the Government of National Unity regarding stopping work at the Iron and Steel Complex during the months of July-August; In support of the public electricity network.

Accordingly, we inform everyone that the operations of stopping all factories inside the complex were immediately initiated, as of the date of receiving the instructions yesterday, Wednesday, June 30, 2021.

Despite the negative technically and financially costly repercussions for the company, which will cause other additional problems for the company, such as its relationship with its customers and suppliers of raw materials; As well as the significant rise in the prices of iron products in the local market.

In this regard, we appeal to all citizens throughout the country to the need for cooperation, collaboration and synergy to overcome this crisis. By rationalizing the consumption of electrical energy.

May God protect Libya..God protect the Libyan Iron and Steel Company and perpetuate it for the homeland and its forgetfulness.

Board of Directors of the Libyan Iron and Steel Company

 

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About AISU

Arab Iron and Steel Union ( AISU ) was established in Algeria in 1971 as the first Arab union of Arab countries to be established under the umbrella of the Council of Economic Unity in the League of Arab States.

AISU is a non-governmental organization of a private nature, not of a political or commercial nature.

AISU works in the field of preparing studies, organizing courses and holding periodic conferences for the prosperity of the Arab iron and steel industry. The union includes a wide range of companies with multiple activities related to the iron and steel industry.

Information About Union

92 Members

28 Board of Directors

17 Country

300.000 Employees

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Tel +21323304221 Fax +21323304254
Mail: relex@solbarab.org

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Tel +20233356219 Fax +20233374790
Mail: aisucairo@solbarab.org

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