North America

Interfor reports Q3/2022 results

    Interfor Corporation recorded net earnings in Q3 2022 of $3.5 million, or $0.06 per [...]

Global trade of softwood lumber down 10%

Global trade of softwood lumber fell about 10% in the first half of 2022 compared to the same period in [...]

Housing market gloom puts North American sawmills at risk

A pall in North America’s housing market is slashing demand for lumber and threatening to shut down sawmills in [...]

Western Forest Products sees N. American housing market supporting lumber demand

    Western Forest Products Inc. reported third-quarter results on Thursday. The company sees the fundamentals of [...]

IHC 2022: Hardwood market between shortages of raw materials and high energy costs

On the 28th of October, a successful International Hardwood conference was organised in Lyon by the French National Wood Federation [...]

Western Forest Products to curtail its Port Alberni sawmill

Western Forest Products said that operations at its sawmill in Port Alberni, BC, have been temporarily curtailed. Work at the [...]

Rayonier makes acquisitions in US South

Rayonier Inc. announced that the company has entered into two separate agreements to acquire approximately 172,400 acres of high [...]

Disruptions in global trade of lumber and logs due Ukraine war

    Russia’s invasion of Ukraine on February 24th came as a shock to many in Europe [...]

India: Logs and sawn timber import demand slows

Economic activity started slowing in India in the middle of October as preparations commenced for Diwali (Festival of Lights) on [...]

B.C. lumber giants still report good profits in Q3/2022, but outlook negative

    Inflation and its cure, rising interest rates, are beginning to hit the bottom lines of two [...]