Rising log costs puts Finnish sawmills at risk

The price of logs has risen so much that Finnish sawmills are in distress. As a result, softwood lumber production volumes are in significant decline. The largest cost factor by far is the price of logs, according to the head of the Sawmill Industry Association Tino Aalto "The price of wood has increased significantly more than the price of the final product, softwood lumber. The ratio between log and softwood lumber prices is now higher than it has been in over 15 years, making the economic situation very difficult," Mr. Aalto says. In 2021, nearly 12 million ...