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Lumber

West Fraser announces more production cuts amid coronavirus

West Fraser Timber Co. Ltd. says it is further cutting production amid the COVID-19 pandemic.     [...]

Log export tariffs in Russia’s Far East could be reduced by 50%

Recently, the Ministry of Development of the Russian Far East and the Arctic told the media that the Ministry of [...]

Coronavirus will cost Europe hundreds of billions of euros in production losses

The fight against the coronavirus will lead to production losses, which will cost European countries hundreds of billions of euros [...]

Coronavirus: France’s wood industry companies looking to restart activity

Each month of lockdown would cost between 2% and 3% growth for the French economy. Under these conditions, French wood [...]

Sawmill industry in Finland to be hardest hit by the coronavirus crisis

The coronavirus crisis strikes Finland's forest sector with varying degrees of impact. On the whole, the sector is likely [...]

Canadian forest products industry allowed to operate with ‘essential’ designations

With the country settling into the reality of social distancing and non-essential business closures for the next few weeks [...]

Estonian company to build a 250,000 m3/yr softwood sawmill in Belarus

The Belarusian wood processing industry will become more competitive following the construction of a new sawmill in south Belarus. A [...]

Coronavirus puts Europe into lockdown and rewrites economic forecasts

Economic forecasts issued only a few weeks ago in Europe, which projected continuing slow increase this year in GDP and [...]

North American softwood lumber supply inconsistent as demand falls

Sawmill operators across Canada and the US chopped softwood lumber prices last week by a wide margin in response to [...]