Second year of recession in a row for the German wood industry
Sales in the German wood industry fell by around eight percent in the period from January to November 2024. This [...]
February 7, 2025
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UPM’s results: wood markets remain tight, plywood business under pressure
Forestry giant UPM improved its results last year. Comparable operating profit rose to 1.2 billion euros, which is more [...]
February 7, 2025
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US lumber eases after tariff delay
US lumber futures traded at $570 per thousand board feet, retreating from the highest level since October 2022, following Prime [...]
February 7, 2025
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Sveza Group tackles labor shortage with pilot robotic systems at plywood facility
Sveza Group is investing 400 million rubles in the implementation of robotic systems at its production facility in Tyumen, the [...]
February 7, 2025
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Estonia: Softwood lumber prices may soon change due to raw material shortage
Softwood lumber prices in Estonia will not increase significantly in the first quarter but are likely to rise in the [...]
February 6, 2025
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Canada’s forestry sector faces uncertainty with 25 per cent U.S. tariffs
A wide shadow of uncertainty has been cast over Canada’s forestry sector by U.S. President Donald Trump’s [...]
February 6, 2025
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Germany, Austria, and Switzerland’s wood industry leaders urge action on bureaucracy and EUDR
The associations of the sawmill and wood industry from Germany, Austria and Switzerland held their traditional New Year's meeting [...]
February 6, 2025
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Sveaskog raises sawlog prices
To meet the continued good demand, Sveaskog is raising timber prices in Southern Norrland and Svealand. Sveaskog does not [...]
February 6, 2025
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China retaliates with new tariffs as U.S. trade tensions resurface
China has responded to the latest round of US tariffs with countermeasures, imposing new duties on American imports and launching [...]
February 5, 2025
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US tariff war: what it means for the European timber industry
US President Donald Trump has escalated trade tensions by imposing tariffs on Canada, Mexico, and China, although he soon paused [...]
February 5, 2025
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