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Home Business

LISCO resumes production of 6mm steel wire coil

bySami Zaptia
August 17, 2020
Reading Time: 1 min read
A A
LISCO resumes production of 6mm steel wire coil

LISCO reports that it has resumed production of its 6mm coil (Photo: LISCO).

By Sami Zaptia.

LISCO reports that it has resumed production of its 6mm steel wire coil (Photo: LISCO).

London, 17 August 2020:

After what it referred to as ‘‘a stoppage due to technical reasons’’, the state Libya Iron and Steel Company (LISCO) announced Friday that it had resumed the production of its 6mm steel wire coil. The steel wire coil is used in Libya mostly in the construction sector.

The resumption of production is timely as the country is at the beginnings of a small construction boom after the end of the fighting

The Misrata-based company reported that it was now producing 390 tons per day divided over 130 tons per shift in three shifts per day.

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”The continued import of cement indicates the uptake in construction activity in the country especially post war destruction, and the failure of local factories to restart full production after war damage and meet local demand.”

 

https://www.libyaherald.com/2020/08/13/benghazi-port-receives-398-containers-of-mixed-goods-25000-tons-of-wheat-28500-tons-of-barley-and-6000-tons-of-cement/

 

https://www.libyaherald.com/2020/08/12/8000-tons-of-cement-to-arrive-at-tobruk-port/

 

https://www.libyaherald.com/2020/08/04/monopoly-and-speculation-lead-to-unprecedented-local-cement-price-rise-as-libya-seeks-post-war-reconstruction/

 

Tags: constructionfeaturedindustryLISCO Libyan Iron and Steel Companymanufacturing iron and steelsteel wire coil

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