Libya Steel Energy Storage Project

3 FAQs about [Libya Steel Energy Storage Project]

What is the importance of iron & steel production in Libya?

Production of high quality iron and steel products at a competitive price to meet domestic and international markets demand and contribute to the development of various sectors of the Libyan economy and implementing efficient management systems that fulfill the needs of society , employees and customers.

Will Sulb invest in a new steel plant in Libya?

Ahmed Gadalla, Chairman of SULB, added, “This investment will position Libya as a key player in global steel production and significantly impact green steel and decarbonization.” The complex will incorporate technology to operate using hydrogen, supplying hot briquetted iron for the nearby region and Europe.

What is the capacity of tosyali Iron & Steel Complex?

The facility will have a total capacity of 8.1 million tons. Tosyali has initiated ground investigation and engineering works and will commence construction and assembly for the first phase of the integrated iron and steel complex shortly. The first phase will have a capacity of 2.7 million tons.

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