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Arab Steel Summit

Libyan Iron and Steel Company

Memorandum of understanding between Libyan Iron and Steel Company and the Italian company Danieli

The Libyan Iron and Steel Company signed a memorandum of understanding with the Italian company Danieli to launch a project to implement a direct reduction plant. The Libyan company made the statement through its official Facebook account. The factory will produce two million tons of sponge iron and hot-molded iron annually. Sponge or hot-molded iron …

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LISCO announces that it has achieved the design capacity of DRI plant for the first time in 26 years

The Libyan Iron and Steel Company announced that it has achieved the design capacity of DRI plant in its third unit for the first time since its operation 26 years ago, and its production reaches 650 thousand tons of HBI iron, which is the design capacity of the plant. On Saturday evening, the company held …

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Libyan Iron and Steel Company achieves record numbers in the production of DRI and HBI

The Libyan Iron and Steel Company announced the production of 102,223 tons of reduced iron (DRI) pellets during last October for the first and second units of the General Administration of Direct Reduction factories, with an increase rate of 123.78%, a number that has not been achieved for 12 years. The company also recorded a …

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Libyan Iron and Steel Company announces a discount on some products, November 1, 2023

On November 1, the Libyan Iron and Steel Company announced a reduction in the prices of some products in implementation of the Vice Chairman of the Board of Directors’ Decision No. 29/2023.   Product type and size Current price is D.L./ton Wholesaling Retail ٌRebar produced by factory produced (2), diameter (10) mm 3200 3220 Rebar  …

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Libyan Iron and Steel Company resumes flat steel production and achieves production above the target during September at DRI

After a hiatus that lasted for quite a while, the Libyan Iron and Steel Company announced a production exceeding 1,000 tons per day of hot-rolled coils of various sizes (thickness 2-3-4 mm, and width 1 meter – 1.25 meters – 1.50 meters) after the company-resumed production in its factories. The General Administration of Flat Rolling …

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Report: Libyan Iron and Steel Company achieves production above the target in H1 2023

The Libyan Iron and Steel Company announced the results of its production and sales during the first of 2023. According to the official report from the company sent to the Arab Iron and Steel Union. The company achieved a production of Hot Briquetted Iron (HBI) amounting to 433.8 thousand tonnes, or 144.6% of the target, …

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Libyan Iron and Steel Company exports 37,000 tonnes of Hot Briquetted Iron “HBI” to Germany and Italy

The Libyan Iron and Steel Company announced on its Facebook page that the company had exported more than “27,000” tonnes of Hot Briquetted Iron “HBI” to Germany on Sunday, July 30, from the company’s port on the ship “S.Nibton”. On Monday evening, the ship “Immensity” entered to ship more than “10,000” tonnes to Italy of …

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The Minister of Labour and Rehabilitation visits the Libyan Iron and Steel Company

Board of Directors Chairman, “Dr Mohamed Abdul Malik El-Faqih”, received His Excellency the Minister of Labour and Rehabilitation, Engineer “Ali Al Abed Al-Reda” at the headquarters of the Libyan Iron and Steel Company, as part of the joint preparations for the celebration of Labour Day celebration, the first of May, which will be an official …

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Libyan Iron and Steel Company exports 8,000 tons of Hot Briquetted Iron (HBI) to Turkey

The Libyan Iron and Steel Company continues its plan for the year 2023 by exporting 8,000 tonnes of Hot Briquetted Iron (HBI) – HBI to Turkey through the company’s port on board the tanker Michelle. A few days ago, the company announced the export of 17,500 tonnes of rebar to Albania, which is the first …

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Libyan Iron and Steel Company exports 17,500 tonnes of rebar to Albania

The Libyan Iron and Steel Company continues to expand its presence in the global market by announcing the export of 17,500 tonnes of rebar to Albania on “Lady Divina”. It is the first of the shipments that the company announced earlier, as it announced an agreement between the company’s external marketing department and several foreign …

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Libyan Iron and Steel Company announces iron prices, starting from January 29, 2023

Libyan Iron and Steel Company announces iron prices, starting from January 29, 2023 The Libyan Iron and Steel Company announced the company products’ prices starting from January 29. Reinforcing steel prices of all its kinds ranged between 3300 – 3600 Libyan dinars “wholesale and retail”. Wires are between 3680 – 4020 Libyan dinars. Flat products’ …

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Visit programs of the Arab steel companies’ delegation to the Algerian steel companies have been launched

Within the framework of the activities of the Arab Iron and Steel Union, a work program for cooperation, acquaintance, and exchange of experiences between Arab steel companies was launched in collaboration between the General Secretariat of the Union and the Iron and Steel “Imetal” Algeria, to learn about the technologies applied in these factories from …

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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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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 …

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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: …

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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 …

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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, …

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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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