Q4 Paper Outlook — On-the-Cheap Sheets

"This has been a particularly difficult quarter for the company," reports Sappi CEO Jonathan Leslie. "Our third quarter results were achieved against a background of lower pulp prices, weak demand for coated fine paper and increasingly competitive markets. North American sales were flat compared to a year earlier and were down 3 percent compared to the previous quarter." Leslie says low-priced imports from Asia and Europe continue to depress prices in the region.