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Home Business

Libya Iron and Steel factory resumes production after a two-month halt to reduce countrywide power cuts

bySami Zaptia
September 1, 2021
Reading Time: 2 mins read
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By Sami Zaptia.

LISCO reports that it has resumed production after a two-month hiatus to reduce Libya-wide power cuts (Photo: LISCO).

London, 1 September 2021:

The Libya Iron and Steel Company (LISCO) announced yesterday that it had resumed production after a two-month hiatus.

It reported that the first of its factories to resume production is the double line specialized in the production of skewers, with the first line producing 8 mm diameter skewers.

All factories and production units were expected to resume their activity either this week or next week, LISCO added.

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LISCO shut down to reduce nationwide power cuts and government criticism

It will be recalled that, reacting to severe criticism over peak summer power cuts, Libyan Prime Minister Abd Alhamid Aldabaiba had taken to the drastic measure to reduce the increasing power cuts of shutting down the LISCO factory.

The dramatic move announced on 29 June was in order to inject the 150 MW the LISCO factory consumes into the national network.

The move came as Libya witnessed extremely high summer temperatures over the last two weeks of June (high 30’s to mid-40’s centigrade) which led to increased power cuts.

The increased power cuts had led to a rise in criticism of the Prime Minister, who it will be recalled had vowed to solve the power cuts problem within six months. He has since postponed his deadline to the end of the year blaming the postponement on the delay in parliament approving his proposed budget.

 

Electricity crisis: Prime Minister stops production at Libyan Iron and Steel Company to save 150 MW of electricity | (libyaherald.com)

LISCO ramps up oxygen production to meet Coronavirus crisis demand | (libyaherald.com)

LISCO to increase production by 200,000 tons per annum | (libyaherald.com)

LISCO and Turkish BLC sign MoU for development and maintenance | (libyaherald.com)

LISCO signs agreement with Turkish company IROMET to develop its oxygen plant | (libyaherald.com)

LISCO ships 650 tons of scrap | (libyaherald.com)

LISCO’s hot roll mill resumes work after maintenance stoppage | (libyaherald.com)

In absence of foreign technicians, LISCO engineers refurbish generator rotary shaft | (libyaherald.com)

LISCO resumes production of 6mm steel wire coil | (libyaherald.com)

LISCO signs new contract to complete stalled cold rolling project | (libyaherald.com)

LISCO manufactures its own steel bar rolling mill | (libyaherald.com)

 

 

Tags: featuredLISCO Libyan Iron and Steel Company
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