Forestry

Steady recovery in Finland’s softwood lumber exports to Europe

    In the third quarter, Finnish exports of softwood lumber to European countries increased by 22% year [...]

US is increasingly dependent on overseas lumber supply

During the first ten months of 2020, US importation of overseas softwood lumber was 39% higher than during the same [...]

IKEA’s parent company to buy forestland in US

Ingka Group, the parent company of IKEA, has announced it has acquired forestland property in the U.S. from The [...]

Vietnamese wood products temporarily free from US tariffs

There has been no punitive tariff on Vietnamese wood product export to the US after the US Trade Representative (USTR [...]

Russia: Sistema preparing Segezha forestry group for potential IPO this year

Russian conglomerate Sistema on Monday said it is preparing its forestry business Segezha Group for a potential initial public offering [...]

Demand for softwood logs in China expected to rise as inventories shrink

China has come out of the Covid crisis with a huge amount of infrastructure spending which has, in turn, created [...]

American company acquires Canadian lumber and plywood giant

Although the United States has reduced the tariffs levied on Canadian lumber due to the WTO's rule, Canadian lumber [...]

EU tropical timber trade faces recession

Total EU27 (i.e. excluding the UK) import value of tropical wood and wood furniture products was US$2.48 [...]

Rising sawlog prices in Austria as sawmill industry runs at full speed

The current sales opportunities for Austrian sawn and laminated timber products on the global markets are optimal in January. Prices [...]

Biewer Lumber announces plans for second sawmill in Mississippi

    Michigan-based Biewer Lumber will invest $130 million in a new Mississippi sawmill, creating 150 jobs [...]