November 4, 2014
Metsä considers cuts in sawn timber production
The balance between demand and supply in sawn timber has weakened due to increased supply in the Nordic countries, says the Finnish company Metsä in its latest financial report. Metsä says that production of sawn timber might have to be restricted during the remainder of the year. The weak trend in construction in the company's main markets in Europe decreases demand for wood products, Metsä points out. In other markets demand is picking up. However, Metsä expects its sales in the wood products segment to slightly grow in the fourth quarter of 2014, compared to ...
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