Libyan Iron and Steel Company achieves 103% of the production of hot coils targeted in 2021

The Libyan Iron and Steel Company announced that the bar rolling mill exceeded the annual target for 2021, achieving production of more than 209 thousand tons to reach 103% of the annual target of 203 thousand tons. The company added that it had produced 568,000 tons of reinforcing steel of various thicknesses and 704,000 tons of crude steel production. In the statement, the company clarified that several orders were produced for steel plates used as raw materials in the manufacture of spare parts in the central workshop, and for several different uses for the company's factories, with thicknesses from 20 mm to 120 mm. It is reported that the steel plant stopped production in the last summer peak, as a result of the electricity crisis for nearly two months