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Stock impact report

Baltimore Bridge Collapse Adds to Mounting Pulp Market Headaches [Yahoo! Finance]

Suzano S.A. American Depositary Shares (each representing One Ordinary Share) (SUZ) 
Company Research Source: Yahoo! Finance
Most Read from Bloomberg Bankman-Fried Is Sentenced to 25 Years in Prison Over FTX Collapse Tesla's $25,000 Car Means Tossing Out the 100-Year-Old Assembly Line Dubai Is Losing Its Allure for Wealthy Russians London Insurers Face Baltimore Bridge Payouts Worth Billions UBS Banker's Frustration Exposes Cracks in World of Climate Finance Baltimore's port was shut down Tuesday after a ship smashed into the bridge, killing six people. The harbor was one of the few used in the US by top pulp producers including Brazil's Suzano SA and Eldorado Brasil Celulose SA, according to people familiar with the operations who didn't want to be identified discussing private company information. The port accounted for about 6% of pulp imports into the US over the past year, according to data from the US Census Bureau. The country imported more than 3 million tons of wood pulp in 2023. Companies are looking to redirect cargo to nearby ports, which is set to cause shipment delays in other Show less Read more
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