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Lumber

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 [...]

Metsä Fibre progresses plans for 750,000 m3/year pine sawmill in Rauma, Finland

Metsä Fibre, part of Metsä Group, has awarded ÅF Pöyry with the pre-engineering assignment for new bioproduct mill [...]

China: Higher prices for imported softwood lumber since the beginning of the year

Average price for imported softwood lumber in China in April was $180 per m3, a decline of 6.1% since [...]

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 [...]

Vietnam’s wood products exports up 18.3% in the first four months

Export turnover of Vietnam's wood and wooden products reached nearly US$3.12 billion in the first four months [...]

Arauco’s sales of wood products impacted by US-China trade war

Net income for Arauco, one of the world’s largest forestry companies, reached USD 126.1 million in 1Q-2019 [...]

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 [...]