10,082.77 TRY BIST 100 BIST 100
4.50 CNY CNY CNY
34.71 EUR EUR EUR
32.40 USD USD USD
0.13 CNY CNY/EUR CNY/EUR
44.34 TRY Interest Interest
88.24 USD Fossil Oil Fossil Oil
26.78 USD Silver Silver
4.59 USD Copper Copper
118.51 USD Iron Ore Iron Ore
386.00 USD Ship Dismantling Ship Dismantling
2,427.31 TRY Gold (gr) Gold (gr)

LISCO shatters records: Achieves design capacity after 26 years

In a significant development for the Libyan Iron and Steel Company (LISCO), the company has proudly announced the successful attainment of the design capacity at its Direct Reduced Iron (DRI) plant for the first time in 26 years.

LISCO shatters records: Achieves design capacity after 26 years

In a significant development for the Libyan Iron and Steel Company (LISCO), the company has proudly announced the successful attainment of the design capacity at its Direct Reduced Iron (DRI) plant for the first time in 26 years. The DRI plant's production soared to an impressive 650 thousand tons of Hot Briquetted Iron (HBI), perfectly aligning with the long-awaited design capacity of the facility. 

After years of meticulous planning, strategic investments, and dedicated efforts, LISCO has reached a historic milestone in the production of Direct Reduced Iron. The achievement marks a major turnaround for the company and the Libyan industrial sector as a whole.

The DRI plant, a vital component of LISCO's operations, has faced numerous challenges over the past two and a half decades, including political instability, economic downturns, and technical issues. However, the recent success demonstrates the resilience and determination of the company to overcome obstacles and revive its industrial capabilities.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Belgium recorded a decrease in steel imports and exports in 2023

Tuesday, April 30, 2024

Taiwan's Walsin Lihwa announces May prices

Tuesday, April 30, 2024

Türkiye's iron and steel export value increased by 19.1% in the January-March period

Tuesday, April 30, 2024

Anglo American rejected BHP's offer

Tuesday, April 30, 2024

Russian government temporarily cancels export duties on some types of coal

Tuesday, April 30, 2024
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now