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 [...]
November 30, 2020
Companies in the timber industry / Daily News / Global Trends / Market Analysis / Forestry / Lumber / Sawmilling / Wood construction / Wood Products / Global / North America
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 [...]
November 26, 2020
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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 [...]
November 26, 2020
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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 [...]
November 25, 2020
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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 [...]
November 25, 2020
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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 [...]
November 25, 2020
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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. [...]
November 23, 2020
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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 [...]
November 20, 2020
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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 [...]
November 19, 2020
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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 [...]
November 19, 2020
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