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Canfor cutting output in North America and Europe

07.04.2020 − 

On 27 March the Canadian Canfor announced extensive production cuts for its works in Canada, the USA, and Europe in connection with the corona crisis. The purpose of the action is to remove a total of 137m bdft of sawn softwood, roughly equivalent to 325,000 m³, from the market in the next four weeks. Canfor had already cut its output by around 420m bdft in 2019 before the corona crisis due to roundwood supply problems and a weak sawn-softwood market.

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