Archives: 2024

Swedish construction giant Skanska discusses trends in the US market

Skanska – the Sweden-based global construction giant- held its 2024 Skanska USA Building Spring Construction Market Trends webinar alongside publication [...]
June 20, 2024 Latest Trends

Kährs sees recovery in European market

Kährs reported less significant declines in its European division, despite experiencing weak demand in the residential segment, which has [...]
June 20, 2024 Latest Trends

Sweden: Wood prices skyrocket as demand improves

The Swedish forest owners' association Mellanskog has reported on historically large price increases. The reason behind the prices increases is [...]
June 19, 2024 Latest Trends

Indian wood-based panel market faces rising sea freights, shortages and price hikes

The Indian market is once again witnessing turmoil due to sea freight and global logistics issues. As a result, the [...]
June 19, 2024 Latest Trends

European parquet production falls 30%

European parquet flooring production massively fell 30.5% in 2023 to 54.4 million m2, according to the latest statistics [...]
June 19, 2024 Latest Trends

US lumber prices rebound slightly

US lumber prices rebounded toward $500 per thousand board feet, moving away from the eight-month low of $488 observed [...]
June 19, 2024 Latest Trends

Brazilian Suzano acquires 15% stake in Austria’s Lenzing

Brazilian Suzano acquired a 15 percent stake in Austrian Lenzing from B&C and the two shareholders will form [...]
June 19, 2024 Latest Trends

Miro Forestry and Timber Products doubles plywood production in Ghana

Miro Forestry and Timber Products has announced that it has procured equipment to double its plywood factory capacity in Ghana [...]
June 19, 2024 Latest Trends

EOS GA: Hopes that the European softwood market will “bottom out” this year

European softwood production declined by 6.4% in 2023 to 80,894,000m3 (2022: 86,518,000m3) with a further [...]
June 18, 2024 Latest Trends

Canfor to temporarily curtail a sawmill in BC

BC's struggling forestry industry is taking another hit following the release of an internal memo from Canfor’s Fort [...]
June 18, 2024 Latest Trends