The production of newsprint by North American producers dropped 14.5 percent for January to 1.156 million metric tons. The decline was seen for both U.S. and Canadian mills. For the month U.S. producers saw production drop by 16.5 percent, while Canadian mills posted a 13 percent drop between the two months.
The sharp decline was due primarily to the significant amount of downtime being taken by newsprint mills throughout the continent. For January, the operating rate at North American newsprint mills stands at 85 percent of capacity, compared to last January’s operating rate of 97 percent of capacity.
Along with the sharp drop in production, the shipment of finished newsprint posted an even steeper 17.3 percent drop between last January and this January. For the month shipments totaled 1.099 million metric tons. Sharp declines were seen in all regions. Newsprint shipments to Canada dropped by 18.5 percent; shipments to U.S. sources dropped 14 percent; and shipments outside North America saw shipments drop more than 30 percent.Latest from Recycling Today
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