Archives: 2024

Russia’s sawn timber exports to Turkey tripled since the beginning of 2024

Exports of Russian sawn timber to Turkey have tripled since the beginning of 2024. Experts attribute the growth of supplies [...]
July 30, 2024 Latest Trends

Canfor reports tough Q2/2024 for its lumber segment

Canfor Corporation has announced its second-quarter results for 2024, highlighting significant challenges and decisive strategic moves within its lumber [...]
July 30, 2024 Latest Trends

Allegheny Wood Products starts selling multiple assets after sudden closure

In February of this year, Allegheny Wood Products, the 50-year-old West Virginia-based internationally known hardwood producer, closed [...]
July 30, 2024 Latest Trends

Malheur Lumber announces permanent closure of its John Day sawmill

Malheur Lumber Company, the last remaining commercial sawmill in John Day, has announced that it will close its doors after [...]
July 30, 2024 Latest Trends

US lumber prices rise 20% in July-rally comes completely unexpectedly

US lumber prices rose by 20% in mid-July. Before that, lumber prices had fallen to their lowest level in [...]
July 26, 2024 Latest Trends

EUDR’s good intentions: A challenging path forward

In a letter published in the Financial Times on July 23, 2024, Paul Brannen, Director of Public Affairs for CEI [...]
July 26, 2024 Latest Trends

West Fraser sees growing demand for timber products in N. America and Europe

West Fraser Timber Co. Ltd. said Wednesday it expects demand for its timber products will grow in North American and [...]
July 26, 2024 Latest Trends

Mayr-Melnhof: Sooner or later, construction boom will begin in Europe

The Paskov sawmill is part of the Austrian family holding Mayr-Melnhof Holz. The company is anticipating a revival in [...]
July 25, 2024 Latest Trends

EU anti-dumping measures boosts European plywood market, says UPM

UPM's Plywood division reported a challenging second quarter in 2024, marked by market fluctuations and strategic adjustments. Sales for [...]
July 25, 2024 Latest Trends

Stora Enso’s Wood Products division reports mixed performance in Q2/2024

Stora Enso’s Wood Products division experienced a mixed performance in the second quarter of 2024, characterized by ongoing challenges [...]
July 25, 2024 Latest Trends