Archives: January 2021

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 [...]

Wooden pallets face trouble entering the UK

With the Brexit, the regulations for the transport of goods to and from Great Britain also changed on 01.01 [...]
January 25, 2021 Latest Trends / Market Analysis / ...Sawmilling / Europe

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 [...]

Brazil not dumping wood mouldings in US

On December 29, the Department of Commerce announced its final antidumping duty (AD) and countervailing duty (CVD) determinations on wood [...]

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 [...]