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<title>EIN News: Baltic States Steel News</title>
<link>http://www.einnews.com/baltics/newsfeed-baltic-steel</link>
<description>Constantly updated news and information about world affairs.</description><item>
<title>- Saturday Post: Globalization Comes To A Screeching Halt . . .</title>
<link>http://www.einnews.com/news.php?wid=199908602</link>
<pubDate>23 Nov 2008 07:55 GMT</pubDate>
<description>
...  shipping world at an accelerating rate. The Baltic Dry Index sounds like a weather report,  ...  is no plate steel. If the plate steel does not get shipped, there is nothing  ...  cargo to carry. ArcelorMittal, the world&#39;s biggest steelmaker, on November 5th said its global output  ...
</description>
</item><item>
<title>Saturday Post: Globalization Comes To A Screeching Halt . . .</title>
<link>http://www.einnews.com/news.php?wid=199908601</link>
<pubDate>23 Nov 2008 07:55 GMT</pubDate>
<description>
...  shipping world at an accelerating rate. The Baltic Dry Index sounds like a weather report,  ...  is no plate steel. If the plate steel does not get shipped, there is nothing  ...  cargo to carry. ArcelorMittal, the world&#39;s biggest steelmaker, on November 5th said its global output  ...
</description>
</item><item>
<title>Ports become parking lots as goods pile up</title>
<link>http://www.einnews.com/news.php?wid=199772040</link>
<pubDate>22 Nov 2008 02:58 GMT</pubDate>
<description>
...  a global slump, spectacularly reflected in the Baltic Dry Index, which traces freight rates. The  ...  year. New orders down by 50%. 40 steel units making hot rolled flats in the  ...  up as exports drop by 75%. Dwindling business leads to drop in freight charges. From  ...
</description>
</item><item>
<title>Ports turn parking lots; goods pile up</title>
<link>http://www.einnews.com/news.php?wid=199771955</link>
<pubDate>22 Nov 2008 02:58 GMT</pubDate>
<description>
...  a global slump, spectacularly reflected in the Baltic Dry Index, which traces freight rates. The  ...  year. New orders down by 50%. 40 steel units making hot rolled flats in the  ...  up as exports drop by 75%. Dwindling business leads to drop in freight charges. From  ...
</description>
</item><item>
<title>Makeover planned for Hitler&#39;s Baltic Sea hotel colossus</title>
<link>http://www.einnews.com/news.php?wid=199579501</link>
<pubDate>21 Nov 2008 04:29 GMT</pubDate>
<description>
...  crumbling from the walls. But the monumental steel and concrete structure planned as a Nazi-era  ...  otherwise unscathed. The gigantic building in the Baltic Sea resort of Prora on the island  ...  The makeover was made possible after private investors and the local government in Ruegen purchased  ...
</description>
</item><item>
<title>Sure, it&#39;s an obscure financial disaster, but is it really that alarming?</title>
<link>http://www.einnews.com/news.php?wid=199578761</link>
<pubDate>21 Nov 2008 04:29 GMT</pubDate>
<description>
...  alarmed  about the issue of the Baltic Dry Index. As the name implies, its  ...  apart. No ore means no steel. No steel means no components and no finished goods  ...  chickens and the rest of the meat industry wouldnt get the grain it needs. Food  ...
</description>
</item><item>
<title>Global shipping slump disrupts trade</title>
<link>http://www.einnews.com/news.php?wid=199568934</link>
<pubDate>21 Nov 2008 02:34 GMT</pubDate>
<description>
...  raw materials have left the ocean shipping industry reeling, disrupting trade around the world. &amp;ldquo;What  ...  trade flows and, by default, shipping.&amp;rdquo; The Baltic Dry Index, a shipping barometer of the  ...  in August, but then closed factories and steel mills to cut down on air pollution  ...
</description>
</item><item>
<title>Makeover planned for Hitler&#39;s Baltic Sea hotel colossus - Feature</title>
<link>http://www.einnews.com/news.php?wid=199567565</link>
<pubDate>21 Nov 2008 02:31 GMT</pubDate>
<description>
...  crumbling from the walls. But the monumental steel and concrete structure planned as a Nazi-era  ...  otherwise unscathed. The gigantic building in the Baltic Sea resort of Prora on the island  ...  The makeover was made possible after private investors and the local government in Ruegen purchased  ...
</description>
</item><item>
<title>Greek shipping hit by global financial crisis</title>
<link>http://www.einnews.com/news.php?wid=199483617</link>
<pubDate>20 Nov 2008 17:29 GMT</pubDate>
<description>
...  financial crisis has hit the global shipping industry hard, knocking down shipping volumes - and  ...  bulk cargo such as iron ore, coal, steel, grain and other commodities by about 90  ...  to take in $5,000-10,000 a day. The Baltic Exchange Dry Index, an indicator of dry  ...
</description>
</item><item>
<title>Recession Report - BDI posts fifth consecutive rise</title>
<link>http://www.einnews.com/news.php?wid=199366301</link>
<pubDate>20 Nov 2008 04:04 GMT</pubDate>
<description>
...  directly derived from the collapse of the Baltic Dry Index until recently. Now, the BDI  ...  commenting on the market outlook during the company&#39;s third quarter results provided some useful insights.  ...  compared to a rise in September, while steel production fell 9%. The China Metallurgical Mining  ...
</description>
</item><item>
<title>Erikkila acquires lifting firm UAB Odvila</title>
<link>http://www.einnews.com/news.php?wid=199366217</link>
<pubDate>20 Nov 2008 04:04 GMT</pubDate>
<description>
... Hoist.com reported that Erikkila has acquired Lithuanian lifting equipment company UAB Odvila from Danish  ...  Kran Udstyr, a supplier of lifting gear, steel wire and fibre ropes, hoists and cranes.  ...  strategy to strengthen its position around the Baltic Sea Area. Following the acquisition, Erikkila will  ...
</description>
</item><item>
<title>What&#39;s Frightening Saudis and Iranians into Buying Gold?</title>
<link>http://www.einnews.com/news.php?wid=199333084</link>
<pubDate>19 Nov 2008 22:59 GMT</pubDate>
<description>
...  also know that the forces moving the market now seem to be deflationary, not inflationary.  ...  Collapse of the Global Cargo Trade The Baltic Dry Index sounds like a weather report,  ...  is no plate steel. If the plate steel doesn&#39;t get shipped, there is nothing to  ...
</description>
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