Archives: August 2024

Interfor to indefinitely curtail Georgia and South Carolina sawmills; cites weak lumber markets

Interfor Corporation will indefinitely curtail operations at its lumber manufacturing facilities in Meldrim, Georgia, and Summerville, South Carolina, the company [...]
August 21, 2024 Latest Trends

Stora Enso: Wood trade will continue to be lively throughout the autumn and prices high

There is currently a good demand for domestic wood and the price levels are high in Finland, Stora Enso regional [...]
August 21, 2024 Latest Trends

Construction of Metsä Group’s new Kerto LVL mill progressing according to plan

The construction of Metsä Group’s Kerto LVL mill in Äänekoski, Finland, has reached a significant milestone as the building [...]
August 21, 2024 Latest Trends

UK: Mounting pressure to adopt a British version of EUDR

The UK government, led by Prime Minister Keir Starmer, is facing pressure from traders to adopt a British version of [...]
August 21, 2024 Latest Trends

EU countries triple OSB exports to US

During the first half of 2024, the value of European Union exports of Oriented Strand Board (OSB) to the United [...]
August 21, 2024 Latest Trends

Could US lumber prices heading for a recovery?

The CME’s continuous physical lumber futures contract fell 22.99% in Q2 and was down 21.24% over the [...]
August 20, 2024 Latest Trends

Reduced profit for Norra Skog: “Continued weak sawn timber market”

Norra Skog's operating profit for the first six months of the year landed at SEK 175 million (EUR 15 [...]
August 20, 2024 Latest Trends

The price of wood puts pressure on Koskinen’s sawmill business

Finnish wood processing group Koskinen's result weakened in April-June. The result halved from a year ago to 4 [...]
August 20, 2024 Latest Trends

Andritz to supply fibreboard recycling line to Sonae Arauco in Portugal

Andritz has received an order to supply a dry fibreboard recycling line to Sonae Arauco’s mill in Mangualde, Portugal [...]
August 20, 2024 Latest Trends

Poland: Less wood on the market from 2025; ban on wood exports outside EU considered

In 2025, less wood may appear on the market in Poland than in previous years. According to the general director [...]
August 16, 2024 Latest Trends