Europe

Koskisen invests EUR 48 million in a new sawmill

Hekotek AS has entered into a supply agreement with Koskisen Oy, one of the largest privately owned wood processing companies [...]

Sanctions against Russian exports to permanently alter the global trade of forest products

Lumber trade flows changed almost instantly when Russia invaded Ukraine in late February. Trade sanctions and restrictions in financial transactions [...]

UK imposes 35% additional import tariffs on Russian wood products

    The UK government has added a 35% additional import tariff on Russian and Belarusian wood products [...]

Stora Enso plans to sell four paper sites in Europe

    Stora Enso has initiated a sales process for a possible divestment of four paper production sites [...]

Timber industry in Latvia hit by trade suspension with Russian and Belarus

    Sanctions of the European Union (EU) and other countries against Russia and Belarus will also affect [...]

U.S. softwood lumber imports from European suppliers fall sharply

U.S. softwood lumber imports from offshore suppliers fell sharply in the fourth quarter, extending a second-half fade after [...]

UK softwood imports expected to be affected by shortages

As Russian and Belarussian wood products have fallen under legal sanctions, and already leading UK importers are refusing any new [...]

Finland: Log price overview in February 2022

    Roundwood trade in Finland continued at a slow pace in February. The trade of industrial roundwood [...]

Russia increases softwood lumber exports to China

In February 2022, Russia’s exports of softwood lumber to China expanded 6.9% year-on-year to 810.4 [...]