COLLAPSECON — Spectainer
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Libyan Iron and Steel Misrata plant (الشركة الليبية للحديد والصلب), also known as LISCO, Liscosteel, is a steel plant in Misrata, Libya that operates direct reduced iron (DRI) and electric arc furnace (EAF) technology. The map below shows the exact location of the plant in Misrata, Libya: Loading map...
Natural gas is used to manufacture sponge iron and hot briquetted iron via the Midrex process [Wikidata]. Hot-briquetted iron (HBI) became a significant Libyan mineral export since the LISCO II plant began producing it in 1997. About 54% of Lisco's exports (by weight) in 2000 was HBI.
Although Libya has a natural supply of iron ore, due to the current inability to mine it, supplies of iron ore pellets are imported from Canada, Brazil and Sweden, for use as raw materials 3. In 1997, Lisco began production of hot-briquetted iron (HBI), a product achieved by reducing iron ore with natural gas.
On 2 April 2007, Lisco signed financing agreements with five Libyan banking institutions (Sahara Bank, Aljamhoria, Attejari, Alomma and Alwahda) for 840 million Libyan dinars ($650 million) to execute another phase of their expansion plan.
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