Can North American lumber prices rally this spring?
North American lumber prices tend to peak during spring and summer as new home construction increases. The Fed’s pivot [...]
February 29, 2024
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Metsä Group sells its wood supply business in Estonia
Metsä Group's parent company Metsäliitto Osuuskunta is selling its Estonian wood supply business. The buyer is a subsidiary [...]
February 29, 2024
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German forest industry takes issue with EUDR
In an open letter to the German Federal Government, the German forestry and wood products sector argue that the “the [...]
February 29, 2024
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Homag Group is not very optimistic about 2024
The Homag Group increased its sales by 1.44% to 1.625 billion euros in 2023. However, the decline in [...]
February 29, 2024
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Western Forest Products announces significant investments in B.C. sawmills
Western Forest Products has announced the completion of the installation of a continuous dry kiln at its Saltair sawmill. [...]
February 29, 2024
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Estonia: Decline in demand forces the wood industry to adapt to the new situation
The Estonian timber industry continues to face challenges and some resiliency, and optimism has largely reversed for now. The summary [...]
February 28, 2024
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China: Log import volumes and prices overview in 2023
China Customs data shows log imports in 2023 totalled 38.03 million cubic metres valued at US$6.383 billion [...]
February 28, 2024
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Rosboro temporarily curtails Springfield Mill in Oregon
Rosboro has announced a temporary curtailment of production at its commodity stud lumber mill in Springfield, Oregon. This decision [...]
February 28, 2024
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IKEA’s parent company buys forestland in Finland, Estonia and Latvia
Ingka Investments, the investment arm of Ingka Group, the parent company IKEA retailer, announced it has acquired 23,883 hectares [...]
February 28, 2024
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The Red Sea crisis seriously affects U.S. furniture imports
Citing recent US media reports, the Red Sea crisis continues to ferment and has now seriously affected the US furniture [...]
February 28, 2024
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