N. American sawmill capacity dragged down by low demand, closures and shift reductions
In 2023, North America's net sawmill capacity decreased by 2%, triggered by diminishing lumber demand and past overproduction issues [...]
April 24, 2024
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Sweden: Reduced sales of glulam in Jan.-March 2024
Sales of glued laminated timber (glulam) have decreased by 23 percent during the first three months of the year compared [...]
April 24, 2024
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HS Timber Group officially starts operations at Acon Timber sawmill in Argentina
On April 19, Acon Timber, HS Timber Group’s sawmill in Gobernador Virasoro, in the Argentinian province of Corrientes, was [...]
April 24, 2024
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Finland: Log prices on the rise in March 2024
In standing sales in March, the real prices of softwood logs in Finland rose by almost three percent from February [...]
April 24, 2024
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Estonian wood exporters worried about Sweden’s weak krona
Estonian wood product exporters are concerned about the weak Swedish krona and selling their products on the market. Additionally, the [...]
April 23, 2024
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Pfeifer Group optimising facilities in response to weak market demand
European sawmilling giant Pfeifer Group has optimized its manufacturing processes in response to a difficult construction products market in Europe [...]
April 23, 2024
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European parquet market reached the bottom expected to stabilise
The European parquet market could have reached the bottom and slowly start to stabilise. The Board of Directors of the [...]
April 23, 2024
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Ponsse expects weaker operating profit in 2024
Ponsse cuts its guidance for 2024. The company's operating profit in Euro is estimated to be slightly weaker than [...]
April 23, 2024
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Finland: No further strike action for the time being
On Thursday morning, the Finnish Employers' Association SAK's board discussed the current labor market situation and the decisions on [...]
April 23, 2024
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Malaysian timber industry affected by raw material shortages and labour shortages
Raw material shortages present a significant obstacle for the country’s timber industry, particularly the downstream sector, according to the [...]
April 23, 2024
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