Swedish sawmiller Norra Timber anticipates positive market dynamics in US

Swedish sawmiller Norra Timber sees some positive market trends for the next six months. Norra marketing manager Erik Eliasson described trade dynamics as a changing market, pointing to global interest rate cuts and declining inflation as increasing demand for wood products. “At the same time, production is slowing down in North America, where several sawmills are being shut down in British Columbia,” he said. “This, combined with raw material shortages and high costs, points to rising prices in 2025.” Mr Eliasson said Swedish production of wood products will decrease to approximately 17–17.5 million m3 ...

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