Layoffs at Metsä Group’s sawmills due to the weak market situation
The change negotiations for Metsä Group's Vilppula and Lappeenranta sawmills have been completed. After negotiations, it was decided that [...]
September 5, 2024
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Germany: Wood prices in 2024 struggle amid economic downturn and construction slump
Wood prices in 2024 are experiencing significant pressure, driven by the broader economic crisis and a sluggish construction industry in [...]
September 4, 2024
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European plywood production and imports at record low
Total EU+UK imports of plywood from outside the region in 2023 were 3.29 million cu.m, down 26 [...]
September 4, 2024
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US tariff hike on softwood lumber, drawing criticism on both sides of the border
In February 2024, officials for the U.S. Department of Commerce indicated they would raise tariffs this year on imports [...]
September 4, 2024
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Sanctions and market pressures hit Russia’s Segezha
Russia's supply chain is under severe strain as Western sanctions take a toll on one of the country's [...]
September 4, 2024
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Plywood prices on a firming trend
“Far East and China FOB rates haven’t changed a lot, but prices have of course been driven by the [...]
September 3, 2024
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New calls for EUDR postponement in Germany
The German Timber Trade Association (GD Holz) has again called on the EU Commission to postpone the date of application [...]
September 3, 2024
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Sweden: Sveaskog to raise timber prices again
Sveaskog, Sweden's largest forest owner, follows Södra and announced timber and pulpwood prices increases across large parts of [...]
September 3, 2024
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Vietnam aims to reach $25 billion in wood and timber exports by 2030
Vietnam's wood and timber exports are projected to reach US$20 billion by 2025 and $25 billion by 2030 [...]
September 3, 2024
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High timber prices present historic opportunity for the Swedish forest industry
Raw material prices in agriculture and forestry are fluctuating in unprecedented ways. Swedish sawmills are lamenting unsustainable timber prices, but [...]
August 30, 2024
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