Global timber market set for recovery after Ukraine conflict, new study reveals
As the conflict between Russia and Ukraine extends into its third year, new research suggests that the global timber industry [...]
August 16, 2024
Latest Trends
U.S. to double duties on Canadian softwood lumber
The U.S. Department of Commerce announced the final determination of a combined anti-subsidy and anti-dumping duty rate [...]
August 15, 2024
Latest Trends
Metsä Group prepares for production cuts at two of its sawmills
Metsä Group begins negotiations at Lappeenranta and Vilppula sawmills. The negotiations concern possible layoffs, and the scope of the negotiations [...]
August 15, 2024
Latest Trends
Chinese demand for African timber remains strong despite volatility in global markets
China's demand for African timber remains strong despite the volatility facing the global timber market. According to customs [...]
August 15, 2024
Latest Trends
Raute reports solid Q2//2024 results
Raute Corporation reported solid financial progress in the first half of 2024, achieving its highest-ever quarterly net sales and [...]
August 15, 2024
Latest Trends
LL Flooring files for bankruptcy, to close 94 stores
LL Flooring, a specialty flooring company formerly known as Lumber Liquidators, is holding closing sales at 94 retail locations across [...]
August 14, 2024
Latest Trends
Pressure mounts to delay EU Deforestation Regulation
Pressure on the EU to delay implementation of the EU Deforestation Regulation (EUDR) has continued to mount from commodity producing [...]
August 14, 2024
Latest Trends
Sluggish construction sector negatively impacts UK’s timber imports
May 2024 was the best month of 2024 to-date for UK timber import volumes. Timber import volumes in [...]
August 14, 2024
Latest Trends
The global plywood market is projected to reach $154 billion by 2031
The global plywood market size was $85 billion in 2022 and is likely to surpass $154 billion by 2031, expanding [...]
August 14, 2024
Latest Trends
French wood market update: Construction slowdown impacts softwood demand
Recent trends reveal a slowdown in the French construction market, increased demand for specific wood types, and shifting international trade [...]
August 14, 2024
Latest Trends
