Archives: May 2024

UPM complains of market fluctuations due to Russian birch plywood illegally entering Europe

In the first quarter of 2024, the plywood market saw notable shifts in demand patterns, UPM reports. Specifically, there was [...]
May 15, 2024 Latest Trends

Koskisen sees improved sawn timber market

The sawn timber market in Finland seems to have improved a bit, the company is assessed. Koskinen's profitability [...]
May 15, 2024 Latest Trends

Ongoing mill closures and curtailments in BC caused by subdued timber supply

BC Council of Forest Industries issues statement in response to ongoing mill closures and curtailments in BC. Linda Coady [...]
May 15, 2024 Latest Trends

France: Price declines in sawmill by-products

The segment of first transformation of softwoods in France is going through a period of turbulence. Not only have sawn [...]
May 15, 2024 Latest Trends

Metsä Group completes sale of Russian assets

The Vologda Timber Industry group of companies has confirmed the acquisition of a 100% share of the Russian assets of [...]
May 15, 2024 Latest Trends

Sweden: Prices of forest products expected to rise in autumn and into next year

The prices of timber products in Sweden have surpassed the economic downturn and are expected to to rise in autumn [...]
May 14, 2024 Latest Trends

Timber shortage causes Canfor sawmill closure, suspend large investment in another mill

A persistent shortage of economically available timber and challenging operating conditions in northern British Columbia, has led Canfor Corporation to [...]
May 14, 2024 Latest Trends

US DoC sets lower countervailing duties for Canadian softwood lumber producers

On April 30th, the US Department of Commerce (DOC) issued a redetermination of its antidumping duties (AD) for certain softwood [...]
May 14, 2024 Latest Trends

Latvia: Stiga RM to complete the acquisition of Norupe sawmill

Upon the receipt of approval from the Competition Council of Latvia, Stiga RM, one of Latvia’s leading timber companies [...]
May 14, 2024 Latest Trends

Shortage of plywood raw materials on the Russian market

In recent years there has been a significant increase in export supplies of birch veneer from Russia. The product with [...]
May 14, 2024 Latest Trends