Libya halts steel firm’s production due to power shortages, TV reports
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Lisco is one of the only companies outside the energy sector still exporting products from the North African country
Reuters News
Libyan Prime Minister Abdulhamid Dbeibah ordered the country’s biggest steel firm, state-owned Lisco, to halt production due to power shortages, the state-owned Alwataniya TV channel reported on Thursday.
* The broadcaster said the prime minister ordered Libyan Iron and Steel Company (Lisco)in the coastal city of Misrata to connect its power plant to the national grid.
* Lisco is one of the only companies outside the energy sector still exporting products from the North African country.
* The plant has a design capacity of 1.7 million metric tons of liquid steel per year.
* Libya has had a power crisis as temperatures soar with outages of up to 10 hours a day in main cities, sparking protests. (Reporting by Ahmed Elumami; Editing by Cynthia Osterman)
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