The Chairman of the Board of Directors of the Libyan Iron and Steel Company, Mohamed Al-Faqih, discussed today, Sunday, during a meeting with the Minister of Labor and Rehabilitation of the Government of National Unity, Ali Al-Abed, completing the necessary appropriations for the company’s work regulations by the Ministry, health insurance for foreign workers in the company, in the presence of the supervisor of the administrative affairs and services sector, Hassan Dabak and the Director of the Office of Legal Affairs, Marai Al-Maliki.
The meeting discussed some of the obstacles facing the iron and steel industry in Libya, including the shortage of energy, both natural gas and electricity, as well as problems related to the high costs of local iron scrap, and the low quality of what is available for purchase, because it continues to be exported.
The meeting discussed the scarcity and high prices of iron ores in the foreign market, and consideration of the possibility of benefiting from local iron ores in southern Libya, in addition to the possibility of entering into investments to set up a project to establish a factory for pelletizing iron ores in the Republic of Mauritania, and the communication that was made with the Mauritanian authorities in this regard.
Al-Abed assured that he would do his best to market the products to support the company to enter its products into the African markets.