International Internet Magazine. Baltic States news & analyticsSaturday, 13.03.2010, 00:53

Estonians will build a car battery recycling plant in Slantsy in Russia
26.02.2010The owner of Estonian security services company Pristis Indrek Sepp and his partners are establishing a plant for processing used car batteries in Slantsy, which will be the first such plant in North West Russia, LETA/Eesti Päevaleht writes.
Keyword tags: Baltic States – CIS, Estonia, Markets and Companies, Metals Market

Polish companies encouraged to cooperate with Latvia
23.02.2010During a visit to the province of Silesia, Latvian Ambassador to Poland Einars Semanis has called for local companies to enter into cooperation with Latvia, LETA was informed by the Embassy.

Turnover of Severstallat fell by 2.5 times in 2009
12.02.2010In 2009 the turnover of the Severstallat concern fell by 2.5 times compared with 2008, according to the company's unaudited financial data.

Spanish metal concern Celsa enters Estonian market
25.01.2010As Äripäev Online reports, the Spanish metal industry concern Celsa plans to start buying scrap metal from Estonia for its European plants which will result in a price increase, writes LETA

Estonian ArcelorMittal galvanizing plant will be re-launched
25.01.2010Due to the positive state on the market the ArcelorMittal galvanising plant will re-launch production operations in the Estonian Port of Muuga in February, after eight months of suspension of work, writes LETA referring Äripäev.
Liepajas metalurgs to take out EUR 86.77 mln loan for modernization
The metallurgical company Liepajas metalurgs plans to borrow EUR 86.77 million for modernization of its production plant, the newspaper Biznes&Baltija reports today.
Spanish Sopena Group plans to build aluminium plant in Alytus
A Spanish metal processing conglomerate Sopena Group is set to build an aluminium processing plant in the Alytus industrial park, Lithuania's economy ministry said in a release.
New steel mill will be built in Lithuania in 2010
The construction of a new steel mill that will produce products for the local market will begin in Lithuania in the middle of 2010, Russian company's TESO Engineering announcement was quoted by LETA.
Metal furniture factory Wendre started working in Parnu
A metal furniture factory launched operation on Monday in Parnu, BBN/LETA reported, referring to ERR News.
Consolidated non-audited net turnover of Latvian "Liepajas Metalurgs" reduced by LVL 48.2 million in H1
According to the information from the "NASDAQ OMX Riga" website, the Joint-stock metallurgical company’s "Liepajas Metalurgs" consolidated non-audited net turnover in the first half of 2009 is down by 48.2 million year-on-year to LVL 84.9 million, writes LETA.
Liepajas metalurgs posted LVL 3.2 mln in losses in Q1
The joint-stock metallurgical company Liepajas metalurgs posted LVL 3.2 million in losses in the first quarter of the year 2009.
Steel scrap import of China rose in March
China has imported 1.363 million tones of steel scrap in March - up to 237,000 tones or 21%MoM, which is by 4.35 times higher, than that in the review period and is also the highest monthly import since 2005.
Exports of UK’s scrap up by 9.4% in 2008
UK exported about 6.57 million tons of scrap in 2008. It is up by 9.4% than 6.01 million tons in 2007.
Import of steel scrap soars at Nanjing Port in Q1
Steel scrap import soars at Nanjing Port in the Q1 with the value of USD 43.78 million and with the total quantity of 145,558 tones.
Severstal expects the steel demands fall by 25% in 2009
Mr. Andrey Laptev, the company's Severstal Head of strategic planning is saying, that the Russian largest steelmaker, Severstal JSC expects the domestic steel demand in 2009 to fall by 25% on the year, Dow Jones citing.







