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Wood Industry Prices
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March 19, 2025
Austria: Softwood log prices stable in March; construction industry likely to pick up
The Austrian economy remains in recession in March 2025. Especially in the industrial sector, the US tariff threats are further exacerbating the already tense situation. An improvement is not yet in sight. In the construction industry, however, the trough is likely to have been reached. Due to easing lending restrictions and lower interest rates, construction investments are expected to rise.... Continue reading
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Global Trends
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March 19, 2025
The situation in the Red Sea is in turmoil again, and the global timber supply chain faces disruption
Tensions in the Red Sea region have escalated once again. Reports indicate that on March 15 (local time), the U.S. military carried out large-scale airstrikes against Yemen’s Houthi forces, resulting in the deaths of at least 53 people across multiple areas, including the Yemeni capital, Sanaa, and Saada province. In response, the Houthis issued a video statement in the early hours of March... Continue reading
Companies & Products
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March 17, 2025
UPM plywood mills strike threatens to be prolonged
The strikes at UPM Plywood, the company's plywood production plants, are set to continue. The Finnish Industrial Federation issued its fifth strike warning today – the strike would begin, or rather continue, at UPM Plywood's four Finnish units on Monday 31 March and end on Sunday 6 April. Strikes at UPM began in early March and have continued ever since. Strikes are also planned for next... Continue reading
Industry Events
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March 3, 2025
Ligna Exhibition to celebrate its 50th anniversary in May
The global woodworking press gathered in Hanover for the media launch of this year’s Ligna exhibition – the world’s largest woodworking technology fair.... Continue reading
