NEW YORK Ferroalloy importers and traders are bracing for delays at the port of Baltimore, where industrial action has brought cargo movements to a halt.
All cargo operations at the port reportedly ceased Oct. 16 due to a strike by members of International Longshoremens Association (ILA) Local 333, which is in a contract dispute with the Steamship Trade Association of Baltimore, according to local media reports.
Sources told AMM that the strike is likely to cause delays for anyone moving material through the port.
"We have containers arriving during this time which will certainly be delayed. We are not sure by how much at this point," one trader said.
"We have a couple of hundred tons of material arriving over the next four days so, yes, we will be affected" a second trader said. "We are led to believe it should be over by this weekend."
However, not everyone who imports material will be impacted immediately.
"It wont affect us in terms of inventory because we have more than enough to last us a while," a third trader said. "But we have some shipments that will incur demurrage, which is obviously not good."
The ILA, the Steamship Trade Association and the Maryland Port Administration could not be reached for comment.