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Lumber

UPM’s profits fall sharply in Q3/2020

   Finnish forestry product giant UPM reported a larger than anticipated drop in profits in its third quarter.  [...]

N. American softwood lumber prices drop sharply, but remain high

   “What goes up must come down,” as the saying goes. Particularly when talking about markets. After holding firm [...]

Setra manages to sell its closed Rolf sawmill

   There have been many trips around Setra-owned Rolf's sawmill in Kalix, Sweden which were finally closed [...]

Trends that drove lumber prices to record highs will continue, Canfor’s CEO predicts

   The work-from-home trend that drove lumber prices to record levels and helped producer Canfor Corp. realize [...]

Huntsville Forest Products to acquire hardwood sawmill from Rayonier

Haliburton Forest & Wild Life Reserve, through its wholly-owned subsidiary Huntsville Forest Products (HFP), announced the acquisition of a [...]

France: Estimates see a doubling in bark beetle wood volume in 2021

   The bark beetle crisis has affected spruce forests in the north-eastern quarter of France since the summer [...]

UK urges timber traders to prepare for changes effective at the end of 2020

Businesses trading timber between Great Britain (GB) and Northern Ireland (NI) are being urged by the UK Government to take [...]

Canfor earnings rise on lumber price spike

   The first of B.C.'s three forestry majors released third quarter financial results Thursday that confirm an [...]