Canfor expects strong N. American and European lumber markets

Canfor expects strong N. American and European lumber markets
Canfor Corp. said on Tuesday it expects North American and European lumber market fundamentals to remain strong in the first quarter of this year, while offshore lumber demand in Asia is expected to be slightly weaker.    North America    Canfor said the lean existing housing inventory will help support the fundamentals of the North American lumber market. The company said that old housing stock and strong domestic balance sheet would also be helpful.    The company said that activity in the repair and remodeling sector is expected to see downward ...

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