Canfor to close two Canadian mills, curtails U.S. production
Citing weak demand, high tariffs, a fiber shortage, and a variety of factors, Canfor Corp. on Sept. 4 has cut [...]
September 6, 2024
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European plywood importers look to 2025 for market upturn
Leading European plywood importers have forecast trade to be on a level with 2023 or be only marginally up this [...]
September 6, 2024
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EU deforestation regulation threatens to disrupt wood product imports
New regulations introduced by the European Union are set to significantly impact the import of wood products, including softwood and [...]
September 6, 2024
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Spruce log prices in Sweden passed the EUR 100/m3 mark
The price of wood continues to rise in Sweden. In June, the forest owners' association Mellanskog announced the largest price [...]
September 6, 2024
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LL Flooring, formerly Lumber Liquidators, fails to find a buyer
LL Flooring, the flooring company formerly known as Lumber Liquidators, is going out of business after the bankrupt company failed [...]
September 6, 2024
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Austria’s sawmill industry and timber trade suffer from weak construction industry & EU bureaucracy
"The sawmill industry has been holding its own in a difficult environment for almost two years," is how DI Markus [...]
September 5, 2024
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Raute is preparing for layoffs -few new orders expected
The company starts change negotiations, even though the order backlog is good. However, there have been fewer new orders, so [...]
September 5, 2024
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Stora Enso faces investor pressure after conservation crime investigation
Stora Enso has announced a range of remedial measures after being found to have committed a serious nature conservation violation [...]
September 5, 2024
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China: Log demand increases, property market remains subdued
China radiata pine log inventory is about 2.85m m3 with total softwood about 3.5m m3. Log demand has [...]
September 5, 2024
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Layoffs at Metsä Group’s sawmills due to the weak market situation
The change negotiations for Metsä Group's Vilppula and Lappeenranta sawmills have been completed. After negotiations, it was decided that [...]
September 5, 2024
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