Improving markets around the world generate strong global earnings at softwood sawmills in 2017

November 20, 2017
Category: Business & Politics
Region: Canada

WOOD MARKETS’ (FEA-Canada) 8th biennial global benchmarking survey has once again placed the U.S. South at the top. The U.S. South was the highest margin sawmill region in North America – a place it has held since 2008 – as well as the top global earner again in 2016 and for the second quarter of 2017. All regions covered in the global sawmilling industry in 2016 and in 2017 showed good results… The fortunes of most regions improved significantly in 2017-Q2 from higher global lumber prices. The North American economy has been stable, boosting lumber demand and prices and the European economy improved in 2016 and especially in 2017 as many mills (and countries) had their best results in five years.

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