Mercer International, one of North America’s leading pulp and lumber producers, reported a net loss of $22.3 million for the first quarter of 2025, as planned maintenance, a softer dollar, and persistent cost pressures dampened what could have been a more optimistic start to the year. Still, the company found solace in improved lumber pricing across Europe and the U.S., buoyed by constrained supply and stable demand. Lumber revenues rose 17% year-on-year, driven by an 8% increase in average realized prices, which reached $499 per thousand board feet. The company attributed the improvement to ...