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Latest Baltic States Steel News

  • Hurting the real economy 15 Oct 2008 19:34 GMT
    ... across the oceans and turning it into steel, the feedstock of industry. So the recent slump in ... reflection of falling activity has been the Baltic Dry Index (BDI), which traces prices for shipping ... Exchange, has tumbled by 70% since May. Steelmakers, including ArcelorMittal, the industry leader, and Russian ...

  • Russell plunges 6%, as recession fears grip small caps 15 Oct 2008 19:34 GMT
    ... this morning; however they are likely to steel back the lime light as earnings season progresses. ... is up $9 a barrel. In broader industry groups, all are under pressure this afternoon, ... are seeing selling pressure today after the Baltic Exchange’s dry sea freight index tumbled to a ...

  • E. European nations push for changes to EU climate package 15 Oct 2008 19:31 GMT
    ... BRUSSELS, Belgium (AP) _ Eastern European leaders pushed ... countries — Poland, Hungary, Romania, Bulgaria, Slovakia, Latvia, Lithuania and Estonia — released a joint statement ...

  • Crisis spreads to Eastern Europe as Ukraine, Hungary and Serbia call IMF 15 Oct 2008 18:50 GMT
    ... frozen all time deposits. The plunge in steel and grain prices over recent weeks has made ... are flashing warnings of insolvency, while the Baltic States, Romania, Bulgaria, and Turkey are at risk ... 5pc yesterday as panic swept the Budapest markets, inflicting more pain on those with large ...

  • Zodiac to idle 20 ships 15 Oct 2008 18:47 GMT
    ... report. Shipping rates, as measured by the Baltic Dry Index, plunged 82% this year as steel producers from ArcelorMittal to OAO Severstal curbed ... iron ore. Published by Globes [online], Israel business news - © Copyright of Globes Publisher ...

  • E. Europeans say EU must ease greenhouse targets 15 Oct 2008 17:51 GMT
    ... E. European nations want climate package changes (AP) BRUSSELS, ... countries _ Poland, Hungary, Romania, Bulgaria, Slovakia, Latvia, Lithuania and Estonia _ released a joint statement ...

  • E. European nations want climate package changes 15 Oct 2008 17:29 GMT
    ... and Estonia - released a joint statement on the ... get major polluters such as energy generators, steel makers and cement producers to pay billions ...

  • East European nations want the EU to ease greenhouse gas targets in economic downturn 15 Oct 2008 17:29 GMT
    ... BRUSSELS, Belgium (AP) _ Eastern European leaders pushed ... countries — Poland, Hungary, Romania, Bulgaria, Slovakia, Latvia, Lithuania and Estonia — released a joint statement ...

  • Russell plunges 4%, as recession fears grip small caps 15 Oct 2008 17:27 GMT
    ... earnings this morning, that are surely to steel back the lime light back as earnings season ... is up $9 a barrel. In broader industry groups, all are under pressure this afternoon, ... are seeing selling pressure today after the Baltic Exchange’s dry sea freight index tumbled to a ...

  • E. European nations want climate package changes 15 Oct 2008 17:26 GMT
    ... BRUSSELS, Belgium (AP) -- Eastern European leaders pushed ... countries - Poland, Hungary, Romania, Bulgaria, Slovakia, Latvia, Lithuania and Estonia - released a joint statement ...

  • E. Europeans say EU must ease greenhouse targets 15 Oct 2008 17:20 GMT
    ... BRUSSELS, Belgium—Eastern European leaders pushed for changes to ... uncertainties." The countries—Poland, Hungary, Romania, Bulgaria, Slovakia, Latvia, Lithuania and Estonia—released a joint statement on the ...

  • Retail sales at three-year low, spark opening slide in small caps 15 Oct 2008 15:50 GMT
    ... If you’re into obscure overseas data, the Baltic Exchange’s dry sea freight index tumbled to a ... see better-than-expected figures for tech bellwether Intel Corp. (Nasdaq: ), soft drinks giant The Coca ... mining stocks, coal, oil and gas drillers, steel, oil exploration and aluminum all taking a hit. ...

  • Shipping lines face bankruptcy on economic slump, says Faber 15 Oct 2008 14:24 GMT
    ... investor Marc Faber said. "This is an industry that could be hit harder than what ... it could last for quite sometime." The Baltic Dry Index, a measure of commodities-shipping costs, has plunged ... percent in the past year as Chinese steelmakers have cut iron-ore imports on slower demand. ...

  • Ukraine, other small nations face financial crisis alone 15 Oct 2008 08:15 GMT
    ... (AP) - While the world's economic giants may have averted ... percent. Stocks have fallen in Poland. In Estonia, real estate prices have dropped 40 percent. ... planning to cap electricity costs for the steel and chemical industries, an effort to boost ...

  • Meltdown: Small nations struggle as big nations recover 15 Oct 2008 01:50 GMT
    ... Meltdown: Small nations struggle as big nations recover ... percent. Stocks have fallen in Poland. In Estonia, real estate prices have dropped 40 percent. ... planning to cap electricity costs for the steel and chemical industries, an effort to boost ...


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