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North America

Canfor completes first phase acquisition of Elliott Sawmilling

Canfor Corporation announced that it has completed the first phase purchase of 49% of Elliott Sawmilling Co. Inc announced on [...]

Double-digit drop for US lumber prices at the end of May

Mills idled by wildfires in Western Canada and expectations that more market- or resource-related shutdowns were coming in the [...]

Interfor curtails production in BC Interior due to low lumber prices and high log costs

    Interfor announced plans to temporarily reduce production across its operating platform in the BC Interior during [...]

Many sawmills in BC are expected to close in the next decade

British Columbia’s shrinking timber supply will attract approximately 12 sawmills to be closed in the next decade, following Tolko [...]

Leading Russian timber companies plan to increase exports to North America

Leading Russian timber companies plan to significantly increase exports of their unprocessed timber and pulp to Canada and the U [...]

U.S. hardwood industry hit hard by trade war with China

The U.S. hardwood lumber industry has a heavy reliance on export markets for its survival, and is being devastated [...]

Tolko announces downtime at Armstrong and Soda Creek lumber operations, citing high log costs, weak market conditions

Tolko Industries announced its Armstrong and Soda Creek lumber operations would take downtime during the weeks of May 27 and [...]

US lumber prices fell sharply last week

Trading remained a grind, as sellers stepped up efforts to move prompt loadings while buyers limited purchases to must-have [...]

US turning to Vietnamese plywood, as trade with China slows

While U.S. imports of hardwood plywood are flat, imports from Vietnam are growing rapidly amid declines in the China [...]