Swedish sawmills could face more cutbacks and adjustments as log prices keep on rising
As log prices continue to soar in Sweden, forest owners' associations that own industrial operations find themselves in a challenging [...]
October 9, 2024
Latest Trends
It’s time for higher US lumber prices
US lumber prices have been climbing since their recent bottom in mid-July. A “normal” cycle sees prices dropping from [...]
October 9, 2024
Latest Trends
Europe’s green ambitions stumble as deforestation law faces delay
Europe’s bold plans to curb global deforestation have encountered a significant roadblock, as the European Union announced a one [...]
October 9, 2024
Latest Trends
Western Forest Products to cut lumber production by 10%
Western Forest Products Inc. announced a significant reduction in lumber production for the final quarter of 2024. The company will [...]
October 9, 2024
Latest Trends
Norway’s sawmill industry at risk due to record timber prices
Norway's sawmill industry is under immense pressure due to historically high softwood sawlog prices, a situation exacerbated by challenges [...]
October 9, 2024
Latest Trends
EU sawmills return on the Japanese market: 50% export growth
Between January and July 2024, softwood lumber exports from the European Union to Japan have experienced a remarkable growth. According [...]
October 8, 2024
Latest Trends
EUDR: Commission proposes postponement, guidelines and FAQs published
On October 3, 2024, the EU Commission proposed postponing the application of the EUDR by one year. Subject to approval [...]
October 8, 2024
Latest Trends
Poland’s timber industry faces potential billions in losses due to proposed logging restrictions
The recent proposal to exclude 20% of Polish forests from timber harvesting has sparked significant concern within the timber industry [...]
October 8, 2024
Latest Trends
Stora Enso plans to sell its forests in Sweden
The forest company Stora Enso is preparing to sell part of its forest assets located in Sweden. The purpose [...]
October 8, 2024
Latest Trends
Besse Forest Products Group closes 6 mills in Wisconsin and Michigan
Besse Forest Products Group, a longtime leader in Northern hardwood veneer, lumber, and specialty plywood manufacturing, has closed six of [...]
October 8, 2024
Latest Trends
