Forecast: US lumber prices stuck in a range as signs of bottoming emerge
-US lumber prices have crashed by over 70% from last year’s high. -This decline is mostly because of [...]
April 27, 2023
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Kronospan to build new OSB plant in Alabama
Kronospan announced on Tuesday that it will begin construction of a new, state of the art, Oriented Strand Board (OSB [...]
April 27, 2023
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Setra reports negative Q1/2023 due to low prices and high costs
Swedish timber company Setra reported an operating loss of €5.64 million for the first quarter of 2023. A year [...]
April 27, 2023
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Latvijas Finieris to boost plywood production at Verems plant
Raute Corporation has signed a contract worth Euro 29 million with Latvijas Finieris for the delivery of technology to a [...]
April 27, 2023
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US South reports record lumber production
For years, the US South has continued gaining market share of North American lumber production. That production has now hit [...]
April 26, 2023
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Czech Republic: Export of logs fall sharply due to bark beetle retreat; sawmills boost processing
For years, the Czech Republic has been the largest exporter of raw wood in the European Union. Last year, however [...]
April 26, 2023
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Structurlam files for bankruptcy, plans to sell assets to Mercer
Structurlam Mass Timber Corp., a Canadian mass timber manufacturer with holdings in Arkansas, announced Monday (April 24) plans to sell [...]
April 26, 2023
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LP Building Solutions acquires Forex’s Wawa OSB facility
LP Building Solutions and Forex Inc., have entered into a definitive agreement under which LP will acquire the assets owned [...]
April 26, 2023
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Germany: Sawlog prices start to slide – sawmills buy at very short notice
Prices for sawlogs in Germany fell slightly in April. The reason is the ongoing price pressure from the timber market [...]
April 25, 2023
Global weak lumber markets led to reduced sawlog prices
Increased interest rates, higher inflation, and market uncertainty regarding a possible recession in 2023 resulted in reduced housing starts and [...]
April 25, 2023
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