Coated markets are very weak; we understand prices fell $20/ton to $925.
Imports (Asian & European) and more LWC supply (Port Hawkesbury) are having a double impact. NewPage recently announced the permanent closure of a machine in Luke, Maryland and extensive downtime at Rumford, Maine. On October 31, NewPage also filed antidumping charges against Chinese, Korean and Indonesian producers. In Europe, Lechta has just announced a 5-7% price hike for January.
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