Market News of Note

The U.S. Department of Commerce is initiating administrative reviews of antidumping and countervailing duty orders with March anniversary dates, with the actions applicable May 4, 2026, and final results planned no later than March 31, 2027.

Arctic Paper has announced a price increase of 4-8% for both uncoated and coated fine papers across the European market. The new pricing will apply to all deliveries from 1 June 2026.

Canfor Corp. reported a loss of $72.1 million in its latest quarter compared with a loss of $31 million a year earlier and said global markets remained challenging.

Q1 2026 net loss from continuing operations was $20.7 million or $0.89 loss per share (diluted), compared to net loss of $32.8 million or $1.43 loss per share (diluted) in Q4 2025.

Boise Cascade Company reported net income of $17.8 million, or $0.50 per share, on sales of $1.5 billion for the first quarter ended March 31, 2026, compared with net income of $40.3 million, or $1.06 per share, on sales of $1.5 billion for the first quarter ended March 31, 2025.

Curated color collection designed for coastal aesthetics and proven performance.

Stora Enso reported adjusted EBIT of Euro 159 million for the Q1 ended March 31, 2026, a 9% decrease from Euro 175 million in the same period last year, driven by negative net foreign exchange rate movements and the ramp-up of the new consumer board line at the Oulu site.

Net loss was USD 450 million compared to net income of USD 50 million a year ago.

GAAP loss was $11.7 million, an improvement of 97.3%, compared to $425.5 million in prior year period (which included a $411.9 million goodwill impairment charge); GAAP EPS was $(0.22).

Amcor has reported attributable net income of $278m for the third quarter (Q3) of fiscal year 2026, up 41.8% from $196m in the prior-year period.

Rayonier Inc reported its first quarter results for 2026, revealing a mixed bag of GAAP losses and significant pro forma improvements driven by its recently completed merger with PotlatchDeltic.

Net earnings per common share of $0.38 (compared with $0.37 in Q4 2025 and $0.07 in Q1 2025).

Magnera Corporation reported its second-quarter results for 2026, revealing net sales of $796 million and an operating income of $17 million.

Sylvamo generated a net loss of $3 million and adjusted EBITDA of $29 million, representing a 4% margin. Cash used for operating activities was $10 million, and free cash flow was negative $59 million.

The company posted a net loss of $52.0 million, or $0.78 per share, compared to analyst estimates calling for a loss of $0.56 per share.

Packaging Corporation of America announced that it intends to increase the quarterly cash dividend on its common stock to an annual payout of $6.00 per share from $5.00 per share, a 20% increase.

Interfor recorded a net loss of $63 million in the first quarter of 2026, compared with a $105 million net loss in the prior quarter, as benchmark lumber prices rebounded and the company's average selling price rose to $666 per thousand board feet. The company posted adjusted EBITDA of $31 million on sales of $643 million in the quarter.

Suzano, the world's largest pulp producer, announces its results for the first quarter of 2026 (1Q26), achieving a new all‑time record in pulp sales. Over the 12‑month period from April 2025 to March 2026, the company sold 12.7 million tonnes of pulp, the highest volume ever recorded in its history. During the same period, Suzano also sold 1.7 million tonnes of paper across the packaging, printing and writing, specialty, and tissue segments.

The company said it is actively addressing headwinds through cost-cutting initiatives, including workforce reductions.

The quarter was characterized by geopolitical challenges, unfavorable currency effects, and weather-related disruptions in North America. Cash flow showed a marked improvement, with all segments contributing positively.

Metsä Group reported a comparable operating result of Euro 4 million for the Q1 2026, compared to Euro 81 million in the same period last year, due to muted demand for market pulp in Europe and China, lower delivery volumes, and the negative impact of US import tariffs.

UFP Industries (UFPI) came out with quarterly earnings of $0.89 per share, missing the Zacks Consensus Estimate of $1.15 per share. This compares to earnings of $1.3 per share a year ago. These figures are adjusted for non-recurring items.

West Fraser Timber Co. Ltd. reported Q1 sales of US$1.33 billion, down from $1.46 billion in the comparable period of 2025. The company posted a loss of $188 million, compared to earnings of $42 million a year earlier.

International Paper reported Adjusted EBITDA from continuing operations of $677 million for the Q1 ended March 31, 2026, as the company faced a tougher macro environment including ongoing inflation and a severe winter storm.

The Company intends to regain compliance with the NYSE American continued listing standards. There can be no assurance that the Company will ultimately regain compliance with all applicable NYSE American listing standards.