Paywall, but here is the final conclusion:
When putting everything together, the most likely candidate to close a pulp mill is perhaps Metsä Group, and the finger would point to Joutseno, but one cannot be certain. Of course, as an operator with a cooperative background, closing facilities is more difficult for Metsä Group than for a pure listed company. Furthermore, Metsä Group is already undergoing a severe cost-cutting and downsizing regimen.
A kind of staring contest is now underway regarding Finnish pulp operations. Who will blink first if other softwood pulp operators in the Baltic Sea region do not take action?