Arab Steel Summit
Arab Steel Summit

Libya

Egypt tops the countries importing HRC steel plates from Turkey in  January – February 2022

Higher prices for global and domestic steel products in Turkey contributed to a significant increase in its flat steel products (HRC) exports in February, which rose by 43.5% year-on-year to 108,987 tons, according to the Turkish Statistical Institute (TUIK). North Africa topped the list of HRC buyers with a 40% share in February, with bookings …

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Libyan Iron and Steel Company explains the reasons for raising iron prices

The Libyan Iron and Steel Company explained the reasons it relied on recently to raise the prices of its products by 20%, pointing out that it relies in its production operations on many inputs that are imported from abroad, including iron pellets, steel billets, tiles, refractory materials, and additive operating materials, spare parts and more. …

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 World crude steel production increased by 3.6% in 2021 , Egypt is the first in the Arab world

World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 158.7 million tonnes (Mt) in December 2021, a -3.0% decrease compared to December 2020. despite the decline in production in December, The world production of steel crude up by 3.6% compared to production in 2020. Crude steel production in …

 World crude steel production increased by 3.6% in 2021 , Egypt is the first in the Arab world Read More »

Libyan Iron and Steel Company achieves 103% of the production of hot coils targeted in 2021

The Libyan Iron and Steel Company announced that the bar rolling mill exceeded the annual target for 2021, achieving production of more than 209 thousand tons to reach 103% of the annual target of 203 thousand tons. The company added that it had produced 568,000 tons of reinforcing steel of various thicknesses and 704,000 tons …

Libyan Iron and Steel Company achieves 103% of the production of hot coils targeted in 2021 Read More »

Libyan Iron and Steel Company resumes the sale of its rebar products

The Libyan Iron and Steel Company announced the resumption of sales of its products after a hiatus of more than two months. The company’s local marketing department announced, in an announcement, the opening of the sale of rebar, according to the terms and prices approved by Resolution No. (140) for the year 2021, as follows: …

Libyan Iron and Steel Company resumes the sale of its rebar products Read More »

Libyan Iron and Steel Company resumes operating production units after a two-month

The Libyan Iron and Steel Company announced on Tuesday the resumption of the operations of the company’s production units after a two-month hiatus based on the decision of the National Unity Government. The company said on its Facebook page: The double line specialized in the production of skewers is the first factory that has resumed …

Libyan Iron and Steel Company resumes operating production units after a two-month Read More »

Libya: The Ministry of Industry restarts the oxygen plant of the Libyan Iron and Steel Company

The Minister of Industry and Minerals, Ahmed Abu Heisa, visited the oxygen factory at the wire drawing headquarters of the Libyan Iron and Steel Company, accompanied by the Undersecretary for Production and Industrial Zones, Mustafa Al-Sammo. The media center of the ministries, bodies and institutions of the Libyan government stated that Abu Hissa said, “The …

Libya: The Ministry of Industry restarts the oxygen plant of the Libyan Iron and Steel Company Read More »

Libya: The Minister of Economy and Trade prohibits the export of scrap

The Libyan Minister of Economy and Trade issued Resolution No. 300 of 2021, which bans the export of “scrap” in all its forms and types. The decision issued on Monday (August 16, 2021 AD) stated that the ban includes “scrap, scrap and scrap, light iron ingots, cast iron and pressed scrap (cars), iron manufactured from …

Libya: The Minister of Economy and Trade prohibits the export of scrap Read More »

Libyan Iron and Steel Company organizes a forum under the slogan Our Environment is Our Responsibility

Libyan Iron and Steel Company organizes a forum under the slogan Our Environment is Our Responsibility The Libyan Iron and Steel Company hosted a dialogue forum under the slogan “Our Environment is Our Responsibility” about (Conference on the Environmental Effects of Pollution 2021), which will be held at the end of this year in the …

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Libyan Iron and Steel Company signs an agreement with the Turkish company “Aromet”

Libyan Iron and Steel Company announced Thursday that it had signed a business agreement with the Turkish company, “Aromet”, according to which the development work for the oxygen and compressed air plant would be completed, as part of the company’s plans to improve and increase production. The company said in a post on its official …

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Libyan Iron and Steel Company signs a contract with Petro Gas for Oil Services

Libyan Iron and Steel Company announced the signing of a contract for the maintenance of the gas turbine unit with the Petro Gas Company for Oil Services. Whereas, the gas turbine was constructed for the purpose of generating electricity during an emergency; This is to feed the power plant and the central station for the …

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Reopening the liquefied gas station of the Libyan Iron and Steel Company

After a hiatus of more than sixteen years, it was announced on the company’s official page that the liquefied gas station would reopen to meet the needs of the company’s factories of gas used in cutting and welding operations. This station is considered one of the most important pillars of the company since its inauguration, …

Reopening the liquefied gas station of the Libyan Iron and Steel Company Read More »

world’s production of crude steel rose 2.9% in September

World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 156.4 million tonnes (Mt) in September 2020, a 2.9% increase compared to September 2019. Due to the ongoing difficulties presented by the COVID-19 pandemic, many of this month’s figures are estimates that may be revised with next month’s production …

world’s production of crude steel rose 2.9% in September Read More »

world’s production of crude steel up 0.6% in August 

World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 156.2 million tonnes (Mt) in August 2020, a 0.6% increase compared to August 2019. Due to the ongoing difficulties presented by the COVID-19 pandemic, many of this month’s figures are estimates that may be revised with next month’s production update. China produced 94.8 …

world’s production of crude steel up 0.6% in August  Read More »

world’s production of crude steel declined 6.0% in H1 2020

World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 148.3 million tonnes (Mt) in June 2020, a 7.0% decrease compared to June 2019. Due to the ongoing difficulties presented by the COVID-19 pandemic, many of this month’s figures are estimates that may be revised with next month’s production …

world’s production of crude steel declined 6.0% in H1 2020 Read More »

Report of the Libyan Iron and Steel Company in the light of the Coronavirus pandemic

The Libyan Iron and Steel Company was keen to abide by all instructions issued by the Presidential Council and the competent authorities affiliated to the Ministry of Health in the Government of Concord. The company’s management has held many meetings with specialists to develop plans, precautionary and preventive measures to confront the Coronavirus, take appropriate …

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World crude steel production decreased by 6% in March

World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 147.1 million tonnes (Mt) in March 2020, a 6.0% decrease compared to March 2019.   Due to the ongoing difficulties presented by the COVID-19 pandemic, many of this month’s figures are estimates from national and regional associations, which may be revised with …

World crude steel production decreased by 6% in March Read More »

The conclusion of the 14th Arab Steel Summit

Today, the annual conference of the Arab Iron and Steel Union (the 14th Arab Steel Summit) was concluded in Tunis. 250 participants from Arab and foreign steel companies, including rebar producers, flat and steel pipe producers, technology equipment suppliers, consultants, analysts, and major investors, participated in this conference. In addition to the presence of some …

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LIBYAN IRON AND STEEL COMPANY

Libya LIBYAN IRON AND STEEL COMPANY Capacity 2019 – 1000 tons COMPANY HBI DRI EAF steel Semi-finished Long products HRC CR flats Coated products LIBYAN IRON AND STEEL COMPANY 650 1.100 1.611 1.611 1.525 580 155 80