25
May
01:00
Lisco sees reduced output in 2015 on power, gas shortages
Libyan Iron & Steel Company (Lisco) plans to see only slightly reduced production this year despite ongoing power and gas shortages, the reluctance of shippers to dock at Misrata and the absence of foreign contractors. So said Lisco chairman Mohamed al-Faqih in a Reuters interview.
The electric arc furnace-based producer is targeting liquid steel output of 500,000-600,000 tonnes in 2015, roughly flat from 2014 when gas shortages also hit performance. Reb…
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Anonymous
Very good overview of the weekly steel market.
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