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Latvia - Latest news GMK Center

Photo – Steel consumption in the Baltics: a change in trend
Steel consumption in the Baltics: a change in trend

Demand for steel in Estonia, Latvia, and Lithuania has begun to grow again

Photo – The port of Riga increased transshipment of iron and steel products by 20.2% y/y in January-April
The port of Riga increased transshipment of iron and steel products by 20.2% y/y in January-April

Transshipment of steel raw materials in 4 months amounted to 336.7 thousand tons, and finished products – 48.6 thousand tons

Photo – Port of Riga increased transshipment of iron and steel products by 39.7% y/y in Q1
Port of Riga increased transshipment of iron and steel products by 39.7% y/y in Q1

Transshipment of steel raw materials in 3 months amounted to 223.5 thousand tons, and finished products – 36.4 thousand tons

Photo – Liepaja Port reduced iron ore transshipment by 36.9% y/y in January-October
Liepaja Port reduced iron ore transshipment by 36.9% y/y in January-October

In 10 months, port officials reduced iron and steel cargo transshipment by 67% y/y

Photo – Port of Riga increased transshipment of ferrous metals by 20.3% y/y in January-October
Port of Riga increased transshipment of ferrous metals by 20.3% y/y in January-October

Iron ore transshipment in the port of Riga decreased by 56.2% y/y in 10 months

Photo – Liepaja port reduced iron ore transshipment by 37.8% y/y in January-September
Liepaja port reduced iron ore transshipment by 37.8% y/y in January-September

In 9 months, port officials reduced iron and steel cargo transshipment by 65.7% y/y

Photo – Port of Riga increased transshipment of ferrous metals by 30.9% y/y in January-September
Port of Riga increased transshipment of ferrous metals by 30.9% y/y in January-September

Iron ore transshipment in the port of Riga decreased by 54.2% y/y in 9 months

Photo – SPPs in Latvia will be built on Ukrainian steel structures
SPPs in Latvia will be built on Ukrainian steel structures

In Vinnytsia, the KNESS group of companies has activated the production of steel for attaching photovoltaic modules

Photo – Liepaja Port increased iron ore transshipment by 11.5 times in 2022
Liepaja Port increased iron ore transshipment by 11.5 times in 2022

During the year, port officials increased the transshipment of iron and steel cargo by 4.8 times

Photo – Latvia is not ready for a full transition to the 1435 mm Eurogauge
Latvia is not ready for a full transition to the 1435 mm Eurogauge

Latvia's railways and seaports can play a role in the recovery of Ukraine

Photo – The Port of Riga increased iron ore transshipment by 16.8% y/y in 2022
The Port of Riga increased iron ore transshipment by 16.8% y/y in 2022

Transshipment of ferrous metals in the port of Riga decreased by 28.7% y/y in 12 months

Photo – The Port of Riga increased iron ore transshipment by 52% y/y in January-October 2022
The Port of Riga increased iron ore transshipment by 52% y/y in January-October 2022

Transshipment of ferrous metals in the port of Riga decreased by 36.6% y/y in 10 months