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Lumber

North American lumber prices could rebound on tight supply despite recent fall

   Lumber prices are down more than 20% this year but are poised to gain upward traction, experts told [...]

Weyerhaeuser to acquire Carolina Timberlands for US$ 265 million

Weyerhaeuser Co. has agreed to purchase 80,800 acres of high-quality timberlands from a fund managed by Campbell Global [...]

Sinclar Group Forest Products to reduce production at three sawmills due to supply bottlenecks

Sinclar Group Forest Products Ltd. will temporarily reduce manufacturing output at its sawmill operations in Vanderhoof, Fort St. James and [...]

European sawmill associations are demanding greater use of wood resources

The German Sawmill and Timber Industry Association, the Association of the Austrian Timber Industry and the Swiss Timber Industry call [...]

North American lumber prices fall to fresh 2022 lows

North American lumber prices fell more than 6% to $829 per 1,000 board feet on Tuesday, representing a fresh [...]

Germany, Sweden boost softwood lumber exports to the US

In February 2022, Sweden’s exports of softwood lumber to the U.S. jumped tenfold year-on-year to 107 [...]

Interfor to sell specialty sawmill to San Group

Interfor Corporation announced that it has reached an agreement to sell its Acorn specialty sawmill located near Vancouver, British Columbia [...]

The race to replace Russia will increase the demand for Finnish softwood lumber

The next few years will see a major change in the Finnish forest industry, as Russia and Belarus are out [...]

List of Russian wood products banned by the EU

The European Union has agreed on a new sanctions package, including an embargo on Russian wood imports for invading Ukraine [...]

Japan to ban the import of Russian timber

Japanese Prime Minister Fumio Kishida recently announced that he will stop importing some Russian timber products from this week.  [...]