The US is increasingly dependent on overseas lumber supply
During the first ten months of 2020, US importation of overseas softwood lumber was 39% higher than during the same [...]
January 19, 2021
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Vietnam’s wood products temporarily free from US tariffs
There has been no punitive tariff on Vietnamese wood product export to the US after the US Trade Representative (USTR [...]
January 19, 2021
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IKEA’s parent company buys forestland in US
Ingka Group, the parent company of IKEA, has announced it has acquired forestland property in the U.S. from The [...]
January 19, 2021
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Canadian lumber and plywood giant acquired by American company
Although the United States has reduced the tariffs levied on Canadian lumber due to the WTO's rule, Canadian lumber [...]
January 18, 2021
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New Year 2021 starts off with rising lumber prices in North America
In the first full week back to work of 2021, the latest data of housing construction and home sales out [...]
January 14, 2021
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Vietnam to tighten timber laws to avoid US tariff threats
Vietnam’s wood industry, under investigation by the U.S. Trade Representative for allegedly importing illegally harvested or traded timber [...]
January 11, 2021
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U.S. hardwood sector faces multiple issues from trade wars to changing consumption patterns
The biggest issue the hardwood industry faces is loss in domestic consumption. International hardwood export, Michael Snow, comments on key [...]
January 6, 2021
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N. America: Unrelenting strong demand sends softwood lumber prices higher to end 2020
This week marks the normal seasonal end to softwood lumber manufacturing across most of North America annually. Sawmills in Eastern [...]
December 18, 2020
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Lumber prices in US rise amidst increased construction spending
Lumber prices are at their highest level since September 2020, and after ending October with a slump, random length lumber [...]
December 14, 2020
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Canada to challenge U.S. softwood lumber export duties through WTO
Canada said it will be considering “all of its legal options” to challenge Canadian softwood lumber export duties unveiled by [...]
December 14, 2020
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