Lumber prices that have dropped more than 20% over the past month are prompting one of North America's largest producers to throttle back output by 12%. Interfor said Thursday that it would reduce ...
Falling lumber prices are sounding an alarm on Wall Street about potential problems on Main Street. Wood markets have been whipsawed of late by trade uncertainty and a deteriorating housing market.
Executives at two of North America's lumber producers said they are bracing for volatile wood prices this building season before sharply higher U.S. duties on Canadian lumber kick in. Despite ...
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