The Libyan Iron and Steel Company (LISCO) has gradually resumed production at its bar rolling mill, focusing on 8 and 12-14 mm rebar, according to local media reports.
The company said the move is aimed at supporting price stability in the local market, where steel prices have recently increased following a decline in production and supply shortages.
LISCO said the gradual restart is intended to restore availability of the affected sizes and support sales volumes, helping to ease supply pressure in the domestic market.
The development follows production disruptions reported in August, when the Libyan government ordered LISCO to halt production amid electricity shortages and instructed the company to connect its onsite power generation plant to the national grid.
LISCO is one of Libya’s largest industrial companies and among the few non-energy companies in the country that continue to export steel products. Its production capacity includes 1.1 mln tons of DRI, 650,000 tons of HBI and up to 1.7 mln tons of crude steel annually. Its product range includes slab, billet, rebar, wire rod, HRC, CRC and steel sections.