Archives: May 2024

Foresters in Germany are raising the alarm about the upcoming restrictions and increased bureaucracy

For German foresters and forest owners, despite the difficulties in eliminating the consequences of forest damage, another problem has appeared [...]
May 10, 2024 Latest Trends

Teal Jones restarts sawmills after reaching interim financial deal

Teal Jones Group began restarting its sawmills this week, including three operations in Surrey that employ 400 workers, after reaching [...]
May 10, 2024 Latest Trends

Lithuanian wood industry on the road to recovery

In 2023 The Lithuanian wood and furniture industry, which has experienced a strong contraction in production, seems to have overcome [...]
May 10, 2024 Latest Trends

UK timber and panel imports remain subdued

UK imports of the main timber and panel products for the first two months of 2024 are fractionally ahead of [...]
May 10, 2024 Latest Trends

Swedish sawmills face timber shortages, prompting Finnish competition

The Swedish forest industry has had exceptional times. Inflation and rising interest rates have hampered the country's economy, and [...]
May 9, 2024 Latest Trends

The entire Poland wood industry is in crisis; massive layoffs and wood prices among the highest in the EU

18 thousand reduced positions within a year and a half, another 5,000 expected. in 2024 alone, a decrease in [...]
May 9, 2024 Latest Trends

Will N. American lumber prices find a bottom?

The lumber market in North America, as we approach spring 2024, presents a nuanced picture. Despite recent declines in wood [...]
May 9, 2024 Latest Trends

New sawmill closure in U.S. highlights industry challenges

A North Idaho lumber mill is set to close this summer due to ongoing pressures faced by timber companies in [...]
May 9, 2024 Latest Trends

Softwood lumber is in high demand, says Finnish sawmill owner

Junnikkala's new export sawmill in Oulu will be trimmed into working condition during the spring. The major investment of [...]
May 8, 2024 Latest Trends

Canada: Slowdown in DIY home projects weakens lumber markets

A slowdown in home repair and remodelling projects has weakened lumber markets, the latest setback for Canadian sawmills struggling financially [...]
May 8, 2024 Latest Trends