Its Mackenzie sawmill made no lumber in the third quarter, and C$10.2 million of the federal loan remains undrawn.
टैरिफ और शुल्क
GreenFirst expects to book C$25.7 million in additional U.S. duties for 2024 shipments in the fourth quarter.
The final rates match the preliminary results, while exporters without a separate rate stay at the China-wide level.
Two producers that withdrew from verification were moved to the China-wide rate of 220.87%.
The International Trade Commission found no injury to U.S. producers, so the antidumping and countervailing duties set by the Commerce Department in October will not take effect.
The duties of 14.4% to 15.8%, in force since 2021 and extended to shipments via Turkey and Kazakhstan in 2024, stay in place while the review runs for up to 15 months.
Sylvamo would keep a right to 20% of the business's future distributions, while third-quarter adjusted EBITDA fell 19% to $128 million.
The company expects lumber prices to improve in the fourth quarter.
A $53.2 million impairment on a previously curtailed Eastern Canada mill drove much of the net loss, while the company expects price fluctuations through early 2027.
Most of the money, C$4 billion, would finance large new mills and biorefineries through a new fund at Export Development Canada.
The final rate is nearly three times the preliminary level for two of the producers and below it for the third.
Higher raw material, transportation and energy costs partly offset the gains, and the company expects continued cost pressure from raw materials, transportation and tariff-related impacts in the fourth quarter.
Petitioners withdrew requests for 14 companies, and Commerce found no reviewable entries for 20 others.
The petition by Alta Forest Products, Sierra Pacific Industries and Mendocino Forest Products alleges dumping margins of up to 296%.
The door and window maker expects 2026 adjusted EBITDA of $120 million to $150 million as cost cuts offset weaker volumes, and will keep its European business after a strategic review.
A U.S. tariff on Canadian paperboard idled the Temiscaming site in October, and the company pushed the conclusion of its strategic review to the first quarter of 2027.
The cut applies only to the rates from the 2017 investigation that started the duties. The largest producers already pay rates set in annual reviews, so their payments do not change, while exporters never reviewed will pay 12.80% instead of 14.19%.
The Finnish maker of plywood and LVL mill equipment, whose third-quarter sales fell 34%, lowered the top of its 2026 forecast for the second time this year.
The curtailments will cut annual capacity by 500 million square feet of OSB and 225 million board feet of southern yellow pine lumber.
Most of the funding is a repayable contribution under Canada's Regional Tariff Response Initiative.