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Lumber

BC’s forest products sector, amid mill shuts, job losses, in worse crisis than during 2008 global meltdown

The crisis facing British Columbia's forest industry is intensifying as markets decline, mills shut and a strike involving 3 [...]

Finland: Highly probable strikes at sawmills and plywood factories could cause damages of EUR 1 billion

If the strikes threatening the forest industry were to happen, the damage could amount to nearly 1 billion euros.   [...]

Uncertain market conditions continue to affect Setra’s earnings

Swedish wood products company Setra has reported an operating profit of SEK 95 (287) million for the period January–September [...]

Gelo Holzwerk invests in a new sawmill in Germany

Gelo Holzwerk announced EUR 38.5 million greenfield investment in a completely new sawmill location at the Wunsiedel energy park [...]

50% of Czechia’s softwood forests are threatened by the bark beetle

With its largely softwood forests, the Czech Republic is one of the European countries most affected by the ongoing bark [...]

North American softwood lumber prices mostly flat despite skyrocketing U.S. housing starts

New home building in the U.S. skyrocketted by almost 17 per cent last month, however, this is after an [...]

Sweden sends a record batch of softwood lumber to the United States

Last week, the ship MS Saga Faith, loaded with lumber in the amount of more than 65 thousand cubic meters [...]

Segezha Group acquires Finnish sawmill

The Segezha Group has acquired Karelian Wood Company, a sawmill owned by Pin Arctic Oy in Kostomuksha in the Republic [...]

Sharp drop in export of hardwoods to China has important implications for American hardwoods in Europe

Headline figures for sawn hardwood consumption in Europe show that demand has been flat for the last decade. However, these [...]

Sawlog prices fallen substantially in Central Europe makes the sawmilling sector in the region more competitive

Sawlog prices fell throughout the world in 2019 with European prices declining the most, resulting in a more competitive sawmilling [...]