The Libyan Iron and Steel Company (LISCO) reported last Thursday (10 October) that it had exceeded its production targets at its Direct Reduction Plants for the third quarter of 2024.
Mohamed Al-Radani, Director of the Direct Reduction Plants Operation Department, confirmed that the first and second units were targeted to produce 724,616 tons of Direct Reduction Iron (DRI), but produced 752,284 tons – or 103.82 percent of the production target.
Equally, the third unit for the production of Hot Briquetted Iron (HBI) was targeted to produce 494, 944 tons, while the achieved production reached was 519,989 tons – or 105.06 percent of targeted production.
He added that in general, the factory is striving to achieve the annual target for all three units of the reduction plants of 1,580,000 tons, despite the presence of some challenges, including the lack of natural gas supply.
At the export level, he continued, about 383,233 tons of HBI have been exported since January this year.
