European sawmills under pressure as market conditions remain uncertain

European sawmillers are continuing to face significant challenges due to ongoing poor market conditions, with expectations of a major boost from the UK Government's ambitious housebuilding agenda proving uncertain. Key industry figures, speaking at Timber Development UK's (TDUK) Global Markets Conference in early November, highlighted the ongoing struggles and market volatility affecting the sector. Noble Francis, Economics Editor at the Construction Products Association (CPA), addressed a crowd of 200 industry professionals in London, expressing skepticism over the UK Government’s target of 1.5 million new homes over the next parliamentary period. He described the target as ...