Europe

IKEA expects that product shortages to last well into summer of 2022

Ikea has become the latest retailer to warn on supply chain problems, saying on Thursday that stock shortages were likely [...]

100 companies ask for suspension of antidumping duties on Russian birch plywood

    Brussels has been accused of driving building businesses across Europe to the brink of insolvency after [...]

Procedures for assessing effectiveness of EUTR are inadequate

In a report published 4 October, the European Court of Auditors concluded that EC procedures for assessing effectiveness of the [...]

Congested Chinese ports put pressure on softwood log imports

    Log stocks in China have not increased but there is a lot of volume on boats [...]

China timber demand sluggish despite start of construction season

It looked like things were stabilising in September with in-market pricing seemingly finding a floor level and some exporters [...]

Commission suspects UPM, Stora Enso and Metsä of cartel activities

The European Commission’s competition authorities began separate, unannounced inspections of the premises of Finnish forestry firms UPM and Stora [...]

HS Timber plans to build a 500,000 m³/yr sawmill in Argentina

    HS Timber Group, the former Schweighofer Group, plans to build a new sawmill in Gobernador Virasoro [...]

UK’s softwood lumber imports up 43%

Seven months into 2021 and volumes of lumber and panels imported by the UK were nearly 2 million m³ higher [...]

Segezha to become second lumber producer in Europe with giant acquisition

    A deal between investment group Bonum Capital and Russian forestry major Segezha will create the largest [...]