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BMTI—daily and independent—and its research experts supply a high quality information service for the international dry bulk shipping industry including DAILY FIXTURE REPORTS, SHORT SEA REPORTS, MARKET REPORTS and special RESEARCH STUDIES.

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Latest BMTI Blog Entry…

  • BMTI Dry Bulk Commodity Overview (12 Nov 2019)

    Uncertainty looms in the European steel outlook, according to EU steel association EUROFER. A pre­sent “downslide” in the EU manufacturing sector is unlikely to bottom out soon, association director Axel Eggert said in a recent statement, noting “esca­lating trade disputes” between the United States and several of its main trading partners as well as continuing uncertainty about Brexit, both major fac­tors that could continue to have a dampening impact on the EU steel industry. EU steel consumption declined by 7.7% YoY in the second quarter of the year after falling by 1.6% in the first quarter. A com­bination of weakened exports and lower investment has taken a toll on steel use in the European Union, putting consumption at 39.3 Mt in Q2. The stock cycle, says EUROFER, turned negative in the quart­er, contrary to the seasonal pattern, worsening an already negative trend in final steel use. The down­turn in steel demand drove a 4% YoY fall in domestic deliveries in the EU in Q2 after a decline of 3% in Q1. A low-level stabilization in 2020, however, is seen, says Eggert, with an expected growth rate in consumption of 1.4% due to modest re-stocking.


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Updates on steel, sugar & scrap in this week's #drybulk commodity update. #maritime #drycargo #imports #dailysnippet #EU #Turkey https://t.co/FYeLLSNX1o

Port of #Tallinn sees dry bulk traffic jump 16% year-on-year in first nine months of 2019 to 3.2 Mt, according to @BT_Journal #drycargo #throughput #maritime #BalticSea #Estonia https://t.co/SWXcgsQ5ph