Sawmilling

Lost Russian supply forcing Estonian companies to buy expensive wood from Nordics

Replacing timber previously imported from Russia, Belarus and Ukraine cannot happen overnight, while the material is more expensive in Europe [...]

Canfor invests $130 million in Arkansas sawmill

Canfor Corp. announced plans to invest $130 million to modernize its sawmill and planer facility in Urbana, Arkansas.   [...]

Stora Enso sells its sawmills and forest operations in Russia

    Stora Enso has entered into an agreement to divest its two sawmills in Russia. The Company [...]

Spruce log prices in Germany continue upward trend

In February 2022, the German producer price indices for spruce almost completely continued the upward trend that had been going [...]

Lumber price growth in Latvia expected to continue due to sanctions on Russia

    The situation on the Latvian lumber market in 2021 was dictated by price increases, reaching historically [...]

Rising prices for spruce and pine logs in Austria

    The Austrian sawmill industry is at the moment well stocked with softwood sawlogs. In combination with [...]

China: Q1/2022 softwood log imports crash, softwood lumber purchases rise 12.5%

In the first three months of 2022, China imported 4 million m³ of softwood lumber, recording an increase of 12 [...]

China: Cargo backlogs in Shanghai could cause next supply chain shockwave

Concern is growing that the spread of COVID cases and city lockdowns in China will have massive downstream effects for [...]

Sweden: Wood industry expects large rise in exports to China and the USA in the next 3 years

When the Swedish wood industry looks to the next three years, a large increase in exports is forecast. China and [...]

European veneer consumption rebounded sharply in 2021

    Consumption of hardwood veneers in the EU27+UK was already falling in 2019 before the onset [...]