Finnish forestry industry has turned the corner, log prices will stabilize next year
The economic turnaround for the Finnish forestry industry has already occurred, but a major leap forward is not yet in [...]
October 15, 2024
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James Jones & Sons to acquire HG Timber
James Jones & Sons, a family owned and managed forest products company, has announced the expansion of its Pallets & [...]
October 15, 2024
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Metsä Group plans to stop plywood production in Suolahti, due to low profitability
Metsä Group plans to close the Suolahti birch and softwood plywood factories in central Finland. The closure is justified by [...]
October 12, 2024
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Russia continues to reduce timber export volumes in 2024
In January-July 2024, Russian forestry companies reduced their timber exports. According to "Roslesinforg" ((the forest inventory organization), data timber [...]
October 12, 2024
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IKEA sales drop 5% but price cuts boost customer visits
IKEA's Ingka Group announced retail sales of Euro 39.6 billion for the fiscal year ended on August 31 [...]
October 12, 2024
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Uncertainty grows in the US softwood lumber market
The aftermath of Hurricane Helene in the South, combined with a strike affecting ports from Maine to Texas, has added [...]
October 11, 2024
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Finland: A shift in the timber market, prices mostly declining
The purchase volume shrank to 830,000 cubic meters last week, according to statistics from the Finnish Forest Industries Federation [...]
October 11, 2024
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UK’s wood imports remain subdued but there is optimism for 2025
UK's wood imports for July, the latest month for which data is available, were higher than in July 2023 [...]
October 11, 2024
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Koelnmesse cancels IMM Cologne 2025
Together with the Association of the German Furniture Industry (VDM) and the German Furniture and Kitchen Retailers Association (BVDM), Koelnmesse [...]
October 11, 2024
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Swedish sawmills could face more cutbacks and adjustments as log prices keep on rising
As log prices continue to soar in Sweden, forest owners' associations that own industrial operations find themselves in a challenging [...]
October 9, 2024
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