The cement in Libya
19 Aug 2020
Due to war damage of local cement factories, and crisis or war merchants.the price of local cement rose to more than LD 75 (US$53) per ton in July 2020,compared to its price about a year ago of around LD 30.
Ordinarily, Libya produces about 10 million tons of cement, and according to World Bank data, Libya needs about US$200 billion over 10 years for reconstruction.
According to the Libya Herald, the country is still recovering from the 2011 revolution and the recent Khalifa Hafter war on the capital, Tripoli. The country was subject to a huge amount of damage, and requires a good cement supply for reconstruction.
the cement transport ship NS Spirit has arrived at its port, carrying 4 400 tons of bulk cement,Confirmed by Libya’s state news agency LANA.the arrival of imported cement is often a sign of a booming construction sector. Despite this, it could also be an indicator that local production is failing to meet demand and that local cement prices are inflated beyond international prices.