Metals Market

International Internet Magazine. Baltic States news & analytics Monday, 18.06.2018, 20:02

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MFA: US decision on tariffs upsets Lithuania, but doesn't mean trade war

MFA: US decision on tariffs upsets Lithuania, but doesn't mean trade war

01.06.2018

Lithuanian officials say that the US decision to impose tariffs on EU steel and aluminum imports is very disappointing, but does not mean a trade war, informs LETA/BNS.

Keyword tags: EU – Baltic States, Legislation, Markets and Companies, Metals Market, USA



Focus Fabrication to build metal processing plant in Klaipeda

Focus Fabrication to build metal processing plant in Klaipeda

20.04.2018

Dutch metal processing company Focus Fabrication Group plans to build a 3,800 square meter metal processing plant in the Lithuanian port of Klaipeda by the middle of 2019, the Verslo Zinios business daily writes, cites LETA/BNS.

British Steel company wishes to acquire KVV Liepajas Metalurgs

British Steel company wishes to acquire KVV Liepajas Metalurgs

19.04.2018

The British Steel consortium has repeatedly voiced a wish to purchase Latvia’s insolvent KVV Liepajas Metalurgs steelworks as a whole, according to a letter written by British Steel at the disposal of LETA.


Auction of KVV Liepajas Metalurgs’ electric steel casting plant fails

Auction of KVV Liepajas Metalurgs’ electric steel casting plant fails

29.03.2018

An attempt to sell insolvent KVV Liepajas Metalurgs company’s electric steel casting plant along with its equipment failed today as the auction drew no bidders, the company’s insolvency administrator Vita Dika told LETA.

Russian billionaire Gerasimenko might have acquired rolling mill of KVV Liepajas Metalurgs

Russian billionaire Gerasimenko might have acquired rolling mill of KVV Liepajas Metalurgs

23.03.2018

Russian billionaire Dmitry Gerasimenko, the owner of metallurgic plant Red October in Volgograd, might have acquired the rolling mill equipment of Latvia’s insolvent steel company KVV Liepajas Metalurgs, the evening news program of LNT commercial TV channel reported yesterday, informs LETA.


21.03.2018

Court removes KVV Liepajas Metalurgs’ insolvency administrator

A district court in the southwestern Latvian city of Liepaja today removed Guntars Koris as insolvency administrator of KVV Liepaja Metalurgs steel company, the court’s representative Velga Luka told LETA.

29.01.2018

Lithuania's shipyard launches production of stainless steel, aluminum structures

Vakaru Laivu Gamykla (Western Shipyard, or VLG), a Lithuanian shipbuilding and repairing group controlled by Estonia's BLRT Grupp, last year set up a subsidiary Vakaru Technologiniai Sprendimai (Western Technological Solutions) that will produce stainless steel and aluminum structures, informs LETA/BNS.

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