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North America

US housing starts fell by the most on record due to coronavirus pandemic

US housing starts in April  plunged by the most on record going back to 1959 as sweeping lockdowns to contain [...]

Canada loses a round in softwood lumber dispute with US

On Friday, May 22, the North American Free Trade Agreement (NAFTA) ruled in favour of the U.S. International Trade [...]

Interfor to curtail operations at Gilchrist sawmill; lays off 130

Vancouver, B.C.-based Interfor Corporation will lay off 130 of its 150 Gilchrist mill workers, starting late next month [...]

N. American softwood lumber prices jumped once again last week

A lot of regular life activities remain unknown as various jurisdictions “open up” from the Covid19 isolation and quarantine. Regardless [...]

Canfor to close Isle Pierre sawmill due to COVID-19

Canfor Corporation announced it will be closing its Isle Pierre sawmill, which is located near Prince George, British Columbia.   [...]

Klausner Lumber One to be sold in 90 days; valued at US$ 140 million

The Klausner Group's first US sawmill, Klausner Lumber One in Florida, is scheduled to be sold within 90 days [...]

COVID-19 negatively affecting business for 58% of wood pellet producers globally

A pellet producer survey shows that the COVID-19 pandemic is impacting raw material availability. Most producers expect costs to [...]

Pandemic pushes US lumber prices higher

Rising demand stemming from a surge of do-it-yourself projects from consumers working at home coupled with restricted supply [...]

Arauco’s sales down by almost 20% in Q1/2020

Arauco, one of the largest global forest companies, reported sales revenues of USD 1,127.2 million during the first [...]

US softwood lumber production up 4.2% in Jan.-Feb. 2020

U.S. sawmills in the first two months of 2020 produced 6.108 billion board ft. (bbf) of softwood lumber [...]