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Archives: May 2021

UK could face major timber shortages

Sweden, who supplies almost half of the structural wood that is used in the UK, has its current stock levels [...]

Construction stoppages in Germany due to timber bottlenecks

Supply bottlenecks with timber, steel and insulating material are causing construction stoppages in Germany and threatening to slow the country [...]

Egypt: High prices for wood imports and short supply

Egyptian wood importers are between the hammer of the global market and the anvil of the domestic market.   [...]

US lumber prices drop further signaling boom may be easing

The surge of US lumber prices has dropped from records for the first time in months, adding to signs that [...]

US Commerce Chief wants long-term lumber deal with Canada

U.S. Commerce Secretary Gina Raimondo said she wants to find a “long-term solution” to Washington’s long-running [...]

Interfor to acquire four sawmills from Georgia-Pacific

Interfor Corporation announced on Thursday, May 27, 2021, that it has reached an agreement with Georgia-Pacific Wood Products LLC [...]

EU might sanction wood trade with Belarus

EU member states want to quickly introduce economic sanctions against Belarus for arrest of journalist Roman Protasevitsj. He was on [...]

Global timber shortage puts UK housebuilding supply chain under ‘enormous pressure’

Leading voices from the UK construction industry have warned of faltering availability and rapidly rising costs of basic materials such [...]

High demand for Swedish wood products; outlook bright

    Demand for Swedish wood products remains high. All indications are that 2021 will be a strong [...]

US lumber sales down as buyers refuse to pay higher prices

Lumber prices rose yet again for the week ending May 14; however, volumes sold were lower as customers refused to [...]