In a significant trade development, the Libyan Iron and Steel Company has successfully exported a whopping 37,000 tonnes of Hot Briquetted Iron "HBI" to Germany and Italy. The material was transported from the company's port on the vessel S.Nibton demonstrating their commitment to international trade partnerships. Continuing their success, the ship Immensity commenced the shipment of an additional 10,000 tonnes of the same high-quality Hot Briquetted Iron "HBI" to Italy, further solidifying the company's position as a reliable supplier in the global market.
This milestone marks a notable boost in Libya's iron and steel industry, further strengthening trade relations with European markets. The export is expected to have a positive impact on the country's economy while meeting the growing demand for HBI in the receiving nations.