Article Archive

China timber demand sluggish despite start of construction season

It looked like things were stabilising in September with in-market pricing seemingly finding a floor level and some exporters [...]

Commission suspects UPM, Stora Enso and Metsä of cartel activities

The European Commission’s competition authorities began separate, unannounced inspections of the premises of Finnish forestry firms UPM and Stora [...]

US lumber prices could rocket again this fall, next spring

The National Association of Home Builders (NAHB) has penned a letter to President Joe Biden asking him to take actions [...]

HS Timber plans to build a 500,000 m³/yr sawmill in Argentina

    HS Timber Group, the former Schweighofer Group, plans to build a new sawmill in Gobernador Virasoro [...]

UK’s softwood lumber imports up 43%

Seven months into 2021 and volumes of lumber and panels imported by the UK were nearly 2 million m³ higher [...]

Segezha to become second lumber producer in Europe with giant acquisition

    A deal between investment group Bonum Capital and Russian forestry major Segezha will create the largest [...]

Sharp decline in demand for softwood lumber in Germany; sawmills adjust production

    The corona lockdown, drought and forest damage in 2020 was followed by extreme demand in spring [...]

Recent resurgence in US lumber prices expected to continue through early 2022

The price of lumber has seen a resurgence, which analysts expect will continue through early 2022.     [...]

IKEA to shift production to Turkey due to global supply chain problems

Swedish-based furniture retailer IKEA is planning to minimise problems with global supply chain and increased shipping costs by moving [...]

Koskisen to build a large new sawmill

Koskisen will carry out an investment in Kärkölä worth EUR 48 million, with production scheduled to start up [...]