Archives: 2022

US lumber prices crashes 30% in 2 weeks

   Lumber prices have plummeted 30% over the past two weeks as the housing market cools down.   [...]

US reduces tariffs on most softwood producers, raise them for West Fraser

    With its latest preliminary review on Canadian softwood lumber shipments, the U.S. Department of Commerce [...]

Norske Skog to sell its wood pellet company in New Zealand

Norske Skog has entered into agreement with Talley’s Group, a New Zealand based dairy, fishing, produce and food company [...]

Sweden’s sawmill giants post considerable rise in sales and profits for 2021

    Three of Sweden's largest sawmilling groups, SCA, Holmen and Setra posted more than expected financial [...]

Mayr-Melnhof completes acquisition of Bergkvist Siljan; becomes Europe’s 3rd sawmill group

    The Austrian competition authorities approved the acquisition of Bergkvist Siljan AB by Mayr-Melnhof Holz, one [...]

Euroconstruct: Dynamic recovery in European construction in 2021 and 2022

According to the new estimate, the total construction output in the Euroconstruct area decreased by 4.7% in 2020, a [...]

EU to initiate WTO dispute regarding Chinese restrictions on (timber) trade with Lithuania

The European Union has requested WTO dispute consultations with China concerning alleged Chinese restrictions on the import and export of [...]

Outlook for New Zealand’s exports of logs to China challenging

New Zealand log export revenue was up 34 percent during the year to 30 June 2021 due to stronger than [...]

Sweden’s sawmill industry reports record production in 2021; outlook positive for 2022

    Analysts predicted that 2021 would be a new record year for the Swedish sawmill industry as [...]

US reduces duties on most Canadian softwood lumber producers

The US Department of Commerce issued its preliminary determination in their Third Administrative Review of certain softwood lumber products from [...]