Södra posts lower result due to deteriorating market conditions
Swedish group Södra posted a lower result for the second quarter of 2023. The report reflects the deteriorating market [...]
August 4, 2023
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Subdued outlook for revenue and earnings development of the Egger Group
Egger Group closes financial year with revenue of EUR 4.45 billion in an extremely volatile environment. Overall economic downturn [...]
August 4, 2023
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European housing cools down – wood prices fall
Fewer homes will be completed in Europe by 2025. In Germany, a decline of 32% is to be expected. [...]
August 3, 2023
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European Commission establishes new limit for formaldehyde emission
The European Commission has established a new limit for the concentration of formaldehyde in the air of "living environments": the [...]
August 3, 2023
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European sanctions hit Northwest Russia’s timber companies
Compared with last year, the volume of timber harvested and processed by timber companies in Northwest Russia has decreased by [...]
August 3, 2023
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European lumber exports have emerged as the success story of 2023 thus far
A record pace in European softwood lumber exports to the US through April spearheaded a worldwide expansion in overseas shipments [...]
August 1, 2023
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Estonia: Two sawmill closures create uncertainty for the timber industry
The drawn-out discussion around forest management is creating uncertainty in the Estonian timber sector which is impacting businesses, the [...]
August 1, 2023
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N. America: Strong demand results in price rebounds for many lumber items
While the lumber outlook in North America was bearish a few months ago, recent changes in the market have led [...]
August 1, 2023
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Timber prices surge in Finland amid strong demand
In June, standing sales of timber in Finland saw significant price increases. The average price paid for spruce logs was [...]
July 30, 2023
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U.S. Department of Commerce determines duty rate of 7.99% on Canadian softwood lumber
The U.S. Department of Commerce announced the final determination of a combined anti-subsidy and anti-dumping duty rate [...]
July 29, 2023
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