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Keyword: lumber

Mixed trends in US lumber prices as market becomes uncertain

Framing lumber sales in US were inconsistent and price trends mixed, leaving buyers and sellers uncertain about the market’s [...]

US lumber prices fall once again in mid-March

Framing lumber trading developed a stronger pulse for those serving markets graced with warmer and drier weather. This was the [...]

Global lumber trade falls due to slowing markets in US, China, UK and Japan

In 2018, global trade of lumber fell for the first time in five years, with total trade down 7% year [...]

Canada: Sawmill production falls into a lower gear

The recent lumber curtailments of major Canadian lumber producers, announced back in the fall and winter of 2018, have seriously [...]

Canfor completes acquisition of major stake in Swedish Vida Group

Canfor has completed its purchase of 70% of the Vida Group. The Vida Group is Sweden’s largest privately-owned [...]

Stora Enso plans massive lay-offs in Finland due to lumber oversupply and high log prices

Stora Enso prepares for temporary lay-offs in its Wood Products division in Finland. The provisional lay-off plans concern [...]

Around 500 Chinese-owned sawmill firms are currently operating in Russia

Russia’s softwood lumber production and exports have risen dramatically in recent years. Russian softwood lumber production, estimated at 39 [...]

Canfor’s lumber shipments drop 14% in Q4 /18

Canfor Corporation generated strong financial results in 2018 with reported operating income of $608.6 million, the highest operating earnings [...]

Finnish Pölkky Oy to invest EUR 30 million in its wood production facilities

Finnish Pölkky Oy has announced a major investment program, targeting its production facilities in northern Finland. The investment program [...]

Slower pace in US softwood lumber prices

Softwood lumber trading geared down from a faster pace earlier in the month, with traders citing inclement weather as the [...]