LISCO has restarted output of 12-14 mm and 8 mm iron coils, a move aimed at cooling a recent jump in Libyan market prices as lower production had tightened supply.
LISCO Restarts 12-14 mm and 8 mm Iron Coil Output
The state-owned Libyan Iron and Steel Company said its Bar and Bar Rolling Mill in Misrata is gradually ramping production back up after a previous decline. For Libya’s construction and industrial supply chains, even a partial restart matters because rebar and coil availability often feeds directly into building costs, procurement schedules and broader inflation pressures.
Sentiment Indicators
The timing points to a supply-driven price problem rather than a demand boom. When a dominant domestic producer slows down, traders and end users face thinner inventories, which can quickly push up prices in a market that depends heavily on local supply. LISCO’s resumption should help restore some balance, though the company signaled only a gradual increase, suggesting the fix may not be immediate.
For investors and suppliers, the development is more relevant as an operating reset than a growth story. Better production from LISCO can pressure local steel prices, support downstream demand from contractors and wholesalers, and reduce the risk of further margin compression for buyers exposed to imported or scarce material.
The next test is whether the mill can sustain higher output and whether the pricing spike in Libya reverses quickly enough to stabilize demand before inventories tighten again.
| Entity | Gains | Losses |
|---|---|---|
| LISCO | ▲Higher output | ▼Less pricing power |
| Libyan builders | ▲Lower input costs | ▼Recent steel inflation |
| Steel buyers | ▲Improved supply | ▼Scarcity premiums |
| Competing importers | ▲None | ▼Weaker pricing leverage |
