More lumber production curtailments announced in North America

Recent developments in the North American lumber industry have seen significant curtailments in production, with companies facing with unfavorable market conditions, supply chain challenges, and economic viability concerns. Conifex curtails lumber production at its Mackenzie sawmill On Tuesday, Canadian Conifex Timber Inc. announced a reduction in its sawmill operations at its Mackenzie, British Columbia site to a single shift starting August 26th. This decision is attributed to expected transportation challenges that will affect all Canadian lumber producers, compounded by existing market issues such as reduced demand, low lumber prices, and punitive export duties. The company also plans to ...