Metsä Group confirms major staff cuts as softwood lumber market remains weak
Metsä Group has concluded the change negotiations in Finland that began in October as part of its extensive cost-saving [...]
November 14, 2025
Companies in the timber industry / Latest Trends
Lumber drops to September-2024 lows
Lumber futures slid below $520 per thousand board feet, the lowest since September 2024, because the expected autumn demand lull [...]
November 14, 2025
Latest Trends / Wood Industry Prices
GWMI Interviews: Demand and prices expected to improve in 2026 – Kullik Timber outlook
Mr. Lawrence Webster, Managing Director of Gill & Robinson Ltd., part of Kullik Timber, provided a detailed insight into the [...]
November 13, 2025
EOS: Europe’s softwood lumber production stable, but profitability under strain
Softwood lumber production in EOS member countries plus the UK peaked in 2021. From the second half of 2022, markets [...]
November 13, 2025
Latest Trends
Despite sanctions, Russian softwood lumber finds way to new markets in the Middle East
The latest data shows that more than 11.2 million cubic meters of Russian softwood lumber were exported to China [...]
November 13, 2025
Latest Trends
Poland’s largest furniture manufacturer plans further mass layoffs
Poland's largest furniture manufacturer, Black Red White (BRW), is set to implement significant layoffs affecting around 800 employees across [...]
November 13, 2025
Latest Trends
US tariffs force Swedish forest industry to rethink export strategy
The US trade conflict with the rest of the world has changed the conditions for Swedish exports, with both direct [...]
November 12, 2025
Latest Trends
German spruce stocks will drop by 75%, with pine taking over as a substitute
New data released last month at the Oslo International Softwood Conference shows that German spruce reserves are declining sharply, projected [...]
November 12, 2025
Latest Trends
China lifts import ban on US logs after review of US corrective measures
China’s General Administration of Customs (GAC) announced that it will lift the suspension on imports of US logs, effective [...]
November 12, 2025
Latest Trends
Russia’s timber exports squeezed as transport costs surge 50%
Freight costs across Russia have risen by about 50%, dealing a severe blow to the country’s timber export sector [...]
November 12, 2025
Latest Trends