Raw materials scarcity impacting global sawmill production

The challenges associated with securing raw materials have expanded globally, affecting sawmill operations across the world. Notably, in Canada, the industry is grappling with large-scale production stoppages. Several prominent players have been forced to take the difficult step of shutting down sawmills due to the increasingly strained situation surrounding raw material availability and the persistent slump in lumber prices. In Europe, the decline in production is more pronounced than in Scandinavia, primarily due to a widespread shortage of raw materials. In Finland, despite benefiting from a record-strong Euro, sawmills are reporting substantial losses, leading to downward pressure ...