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Lumber

Setra’s Q1 earnings boosted by higher prices and strong market

Swedish wood products company Setra has reported an operating profit of SEK 480 million or EUR 46 million (Q1/2021 [...]

N. American lumber prices to rebound into summer after reclaiming the $1,000 level

   North American lumber prices crossed back above the $1,000 level on Thursday as seasonal demand begins to [...]

Lost Russian supply forcing Estonian companies to buy expensive wood from Nordics

Replacing timber previously imported from Russia, Belarus and Ukraine cannot happen overnight, while the material is more expensive in Europe [...]

Canfor to invest $130 million in Arkansas sawmill

Canfor Corp. announced plans to invest $130 million to modernize its sawmill and planer facility in Urbana, Arkansas.   [...]

Stora Enso to sell its sawmills and forest operations in Russia

Stora Enso has entered into an agreement to divest its two sawmills in Russia. The company’s Nebolchi and Impilahti [...]

Germany: Spruce log prices continue upward trend

In February 2022, the German producer price indices for spruce almost completely continued the upward trend that had been going [...]

Latvia: Lumber price growth expected to continue due to sanctions on Russia

The situation on the Latvian lumber market in 2021 was dictated by price increases, reaching historically the highest prices for [...]

Austria: Rising prices for spruce and pine logs in April

The Austrian sawmill industry is at the moment well stocked with softwood sawlogs. In combination with a still very good [...]

Log prices in Finland drop in March

In January-March 2022, roundwood trade decreased by 20% year on year and was 22% less than in the previous [...]