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Global Trends

Sanctions on Russia negatively impact Australia’s construction industry

With supplies of key laminated veneered lumber (LVL) and engineered wood products (EWPs) imported from Russia and Belarus, which accounted [...]

Impact of the war in Ukraine on the Finnish forest sector

Last year, less than nine million cubic meters of wood and wood chips were imported by Finland from Russia, covering [...]

Many North American lumber prices flat as ongoing delivery delays resolved

After dropping quite a bit in recent weeks, many softwood lumber prices levelled off in mid-June as a modicum [...]

UPM sells its Steyrermühl mill in Austria to Heinzel Group

UPM has signed an agreement to sell 100% of the shares of its Austrian subsidiary UPM Kymmene-Austria GmbH to [...]

“Timber prices going up daily” in Europe due to Ukraine war, architects complain

European architects and designers are struggling to source wood for their projects as Russia's invasion of Ukraine has brought [...]

Finland: Lumber prices start to fall sharply

Uncertainty is already visible in Finland's lumber market, and demand and prices for lumber have started to fall sharply [...]

Russian sawmills hit by sanctions

Already in May 2022, Russian sawmilling companies were able to largely feel the impact of sanctions and restrictions on their [...]

The European sawmill industry is skeptical about the third quarter of 2022

The first months of 2022 were very positive for the industry thanks to strong demand. Thanks to a stable supply [...]

Plywood plants of Russian Sveza work at 20-40% of capacity

Aleksey Mordashov, head of the board of directors of Severstal, which also owns the leading Russian birch plywood producer Sveza [...]

Wood supply shortage expected to hit European markets in the coming months

European parquet markets have diverged in 2022. While Italy, Scandinavia and Spain have seen continuing increases in demand, the markets [...]