Tag Archives | Daniele

LISCO planning $1bn Tender

By John Lee. The Libyan Iron and Steel Company (LISCO) is reportedly planning to announce a $1-billion tender next month to build two new plants. Chairman Mohamed al-Faqih also told Reuters that the company has started exporting to Algeria, and aims to increase production this year. For the new plants, al-Faqih said Lisco is targeting […]

LISCO keeps Steel Mills Running

The Libyan Iron and Steel Company (LISCO) is said to be struggling to keep its mills operational. Chairman Mohamed Abdelmalik al-Faqih told Reuters: “The position of the company is not good, even worse than 2013 or 2014, (but) we are working. “The main problems are shortages of natural gas and electricity. “Demand from Egypt is […]