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Latest news with #LibyanIronandSteelCompany

LISCO exports to Europe, unloading from Brazil
LISCO exports to Europe, unloading from Brazil

Libya Herald

time13-05-2025

  • Business
  • Libya Herald

LISCO exports to Europe, unloading from Brazil

The state Libyan Iron and Steel Company (LISCO) announced last Friday (9 May) the loading of 29,000 tons of hot briquetted iron (HBI) began on Thursday on the ship 'KEREM,' which will head to Spain after completing its shipment. LISCO also announced the loading of 4,000 tons of hot-rolled coils is also continuing on the ship 'FEHN LYRA,' bound for European markets. Meanwhile, the ship 'Winning Práctica' also docked last Friday from Brazil, carrying a shipment of pelletized ore estimated at 160,000 tons, and is being unloaded. LISCO commented that this continuous activity reflects the company's readiness and its leading position in meeting the needs of the local and global markets, as part of its strategy to support the national economy and expand its export footprint.

Iron and Steel Company signs MoU to reduce emissions
Iron and Steel Company signs MoU to reduce emissions

Libya Observer

time10-05-2025

  • Business
  • Libya Observer

Iron and Steel Company signs MoU to reduce emissions

The Libyan Iron and Steel Company has signed a memorandum of understanding with the United Nations Development Programme (UNDP) to enhance their joint efforts to improve energy efficiency and reduce industrial greenhouse gas emissions in Libya. The company explained on its Facebook page that the memorandum of understanding aims to improve energy performance, integrate renewable energy where possible, and support the company's efforts to comply with international climate standards, including the European Union's Carbon Border Adjustment Mechanism (CBAM). It added that UNDP will work with the company to identify opportunities for technical cooperation and institutional capacity building, and support the broader transition to sustainable energy use in Libya's industrial sector. Economy Tagged: Libyan Iron and Steel Company UNDP

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