Raute reports solid Q2//2024 results
Raute Corporation reported solid financial progress in the first half of 2024, achieving its highest-ever quarterly net sales and [...]
August 15, 2024
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LL Flooring files for bankruptcy, to close 94 stores
LL Flooring, a specialty flooring company formerly known as Lumber Liquidators, is holding closing sales at 94 retail locations across [...]
August 14, 2024
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Pressure mounts to delay EU Deforestation Regulation
Pressure on the EU to delay implementation of the EU Deforestation Regulation (EUDR) has continued to mount from commodity producing [...]
August 14, 2024
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Sluggish construction sector negatively impacts UK’s timber imports
May 2024 was the best month of 2024 to-date for UK timber import volumes. Timber import volumes in [...]
August 14, 2024
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The global plywood market is projected to reach $154 billion by 2031
The global plywood market size was $85 billion in 2022 and is likely to surpass $154 billion by 2031, expanding [...]
August 14, 2024
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French wood market update: Construction slowdown impacts softwood demand
Recent trends reveal a slowdown in the French construction market, increased demand for specific wood types, and shifting international trade [...]
August 14, 2024
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Lumber prices climb as Interfor cuts production by 15%
Interfor said it would reduce output by at least 15% for the rest of 2024, increasing curtailments it made [...]
August 13, 2024
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Rising log costs puts Finnish sawmills at risk
The price of logs has risen so much that Finnish sawmills are in distress. As a result, softwood lumber [...]
August 13, 2024
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India’s log import market is currently facing several challenges
Many parts of northern and western India are inundated with floods. Kandla is also affected by the monsoon rains, with [...]
August 13, 2024
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European residential construction in 2024 expected to drop by 8.5%
In Europe, a decline in completed housing is expected in the coming years. Euroconstruct forecasts a decline of 8.5 [...]
August 13, 2024
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