Tough fall expected for Swedish sawmills

The optimism that Swedish sawmill managers displayed in the spring has now turned into concern. The momentum from the spring, with price increases averaging around 10%, stalled over the summer. Demand was not strong enough, and now, at best, prices are being maintained while timber costs continue to soar. Decent results for the second quarter The second quarter was relatively good for Swedish sawmills despite the already very high raw material prices at that time. Thanks to successful timber price hikes, better timber availability, and a weak krona, the operating margin for the six sawmills followed rose to ...