Libya's biggest steel firm, Lisco, has shut down production due to power shortages, its chairman said on Tuesday.

"We, Lisco, have closed the plant today for August in cooperation with the government in Tripoli to help overcome difficulties of the public electricity grid," Mohamed Abdelmalik al-Faqih told Reuters.

He said the closure of the Misrata-based plant would continue beyond August unless the power supply improved. – Reuters