Metsä Group prepares for production cuts at two of its sawmills
Metsä Group begins negotiations at Lappeenranta and Vilppula sawmills. The negotiations concern possible layoffs, and the scope of the negotiations [...]
August 15, 2024
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Chinese demand for African timber remains strong despite volatility in global markets
China's demand for African timber remains strong despite the volatility facing the global timber market. According to customs [...]
August 15, 2024
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Raute reports solid Q2//2024 results
Raute Corporation reported solid financial progress in the first half of 2024, achieving its highest-ever quarterly net sales and [...]
August 15, 2024
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LL Flooring files for bankruptcy, to close 94 stores
LL Flooring, a specialty flooring company formerly known as Lumber Liquidators, is holding closing sales at 94 retail locations across [...]
August 14, 2024
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Pressure mounts to delay EU Deforestation Regulation
Pressure on the EU to delay implementation of the EU Deforestation Regulation (EUDR) has continued to mount from commodity producing [...]
August 14, 2024
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Sluggish construction sector negatively impacts UK’s timber imports
May 2024 was the best month of 2024 to-date for UK timber import volumes. Timber import volumes in [...]
August 14, 2024
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The global plywood market is projected to reach $154 billion by 2031
The global plywood market size was $85 billion in 2022 and is likely to surpass $154 billion by 2031, expanding [...]
August 14, 2024
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French wood market update: Construction slowdown impacts softwood demand
Recent trends reveal a slowdown in the French construction market, increased demand for specific wood types, and shifting international trade [...]
August 14, 2024
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Lumber prices climb as Interfor cuts production by 15%
Interfor said it would reduce output by at least 15% for the rest of 2024, increasing curtailments it made [...]
August 13, 2024
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Rising log costs puts Finnish sawmills at risk
The price of logs has risen so much that Finnish sawmills are in distress. As a result, softwood lumber [...]
August 13, 2024
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