NewPage to Close Mill, Drop Price Hike

In other news, NewPage has reportedly dropped a $20-$50/ton January price hike that it previously announced for a range of coated and uncoated paper products, according to RISI, an information provider for the forest products industry.

Total U.S. printing/writing paper shipments fell 3.2 percent from September to October and are down 4 percent compared to October 2009, according to preliminary data from the American Forest & Paper Association.