Manufacturing Magazine September 2015 | Page 33

LIBYAN IRON AND STEEL
AFRICA assistance for delivering a new bar mill .”
Iron Plant LISCO ’ s Direct Reduced Iron ( DRI ) plant comprises three production units ; two of which have a potential annual output of 1.1 million tonnes while the third has the addtional capacity for the production of 650,000 tons per year of hot briquetted iron ( HBI ).
DRI is produced by reducing various forms of iron ore billets into iron using locally available natural gas ; HBI refers to a compacted version of this product , which is easy to transport and handle .
Steel Plants The company ’ s steel production is spread
The company ’ s steel production is spread across two separate facilities , which allows it to produce several different steel products

SUPPLIER PROFILE

GONTERMANN-PEIPERS GMBH

Gontermann-Peipers GmbH ( GP ) was founded in 1825 and we are currently moving from the 6th to the 7th generation . The company is still 100 percent family owned and operates two plants in Siegen – Germany . In terms of roll production , GP is focused on high added value work and backup rolls up to finished weight of 265 tonne per piece with an export share of over 80 percent . To achieve this goal approximately 4 percent of the yearly turnover is spent on research and development of new grades . Every year investments of € 6-8 million from of our own resources are realized to upgrade and modernize the manufacturing facilities .
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