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North America

World’s top lumber company CEO sees homebuilding going strong for years

Strong homebuilding activity in North America will mean tight wood supply and demand for several more years, according to the [...]

Market implications of West Fraser’s acquisition of Norbord

West Fraser Timber Company, a leading supplier of lumber and other wood products extensively used in the building and construction [...]

North American softwood lumber prices recover as demand improves

It’s unbelievable for this time of year and if someone had predicted it a month ago they would have [...]

Largest hardwood producer in US files for bankruptcy due to Covid-19 pandemic

Northwest Hardwoods Inc., the largest hardwood lumber producer in US, retreated into Chapter 11 in Delaware early Monday, saying fallout [...]

U.S.DoC reduces countervailing, anti-dumping duties for B.C. lumber producers

The U.S. Department of Commerce on Tuesday reduced its penalties against imports of Canadian lumber, primarily from B.C [...]

Stora Enso ready to deliver cross-laminated timber to the US market

Stora Enso has received approval for producing and delivering cross-laminated timber (CLT) panels to the United States in accordance [...]

US lumber prices increase again against normal seasonal slowdown

US lumber futures have rallied in November, fueled by strong home construction and remodeling activity amid the pandemic.   [...]

West Fraser to buy Norbord for US$ 3.1 billion

     West Fraser has announced plans to acquire Norbord in a US$3.1bn takeover in what [...]

Mixed price developments for North American softwood lumber prices

   As market conditions stabilized, some North American construction framing dimension softwood lumber prices fell further, others were flat [...]

Canfor to sell Fort Nelson forest tenure to wood pellet producer

   Canfor will sell its forest tenure in the Fort Nelson region of British Columbia to the wood pellet [...]