Another sharp decline in US softwood plywood imports

In the second quarter, development of turnover and results at Louisiana-Pacific was hampered due to average prices in the OSB business division dropping by more than half year-on-year (-57%)....

In the second quarter of 2023, development of turnover and results at Louisiana-Pacific Corp. (Nashville, Tennessee) was hampered due to average prices in the OSB business division dropping by more than half year-on-year (-57%). Sales volumes also decreased significantly, down 21% to 766m sqft (basis 3/8”). As a...

The decline in turnover and results in the Wood Products division of Weyerhaeuser Co. (Seattle, Washington) caused by a sharp decline in OSB and lumber prices continued in the second quarter of 2023. At US$1.500bn (April-June 2022: 2.341bn), turnover was down 36% year-on-year. Adjusted EBITDA and operating profit fell...