The Austrian sawmill industry struggles with low demand for sawn timber
The Austrian sawmill industry continues to struggle with noticeable reductions in demand for sawn timber from the construction industry, but [...]
October 26, 2023
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Stora Enso expects weak demand to persist into 2024
Stora Enso faces a continued subdued market outlook for the rest of 2023 and going into 2024, as weak global [...]
October 26, 2023
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EU softwood lumber exports drop by 38% in H1/2023
EU's softwood lumber exports in the first half of 2023 fell by 38% in value to a good €5 [...]
October 25, 2023
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Resilient strategies emerge as German timber trade navigates market shifts
Germany's timber trade clearly feels the weakening construction sector and the hesitant demand throughout the current year, and is [...]
October 25, 2023
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UPM sales fall in Q3/2023, company sees reasons for optimism
In July-September, UPM's net sales fell by 24 percent from the previous year to 2.6 billion euros [...]
October 25, 2023
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UPM appoints new CEO
UPM has appointed the Italian Massimo Reynaudo as the company's next CEO. Rynaudo will start at the beginning of [...]
October 25, 2023
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Sawmill down-sizing in BC to create long-term opportunities for European lumber exporters to the US
Canada is the world's second-largest producer of softwood lumber, behind the United States. Over the past five years [...]
October 24, 2023
GWMI interviews: US timber market outlook for Q4/2023-Q1/2024
In the third quarter of 2023, the timber market underwent notable shifts, reflecting seasonal patterns and economic dynamics. Providing expert [...]
October 24, 2023
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Timber prices in Finland continue to fall in September
Timber prices in Finland continued their downward trend in September, with standing sales prices for spruce and pine logs falling [...]
October 24, 2023
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Sweden’s large sawmills report sharp fall in sales for Q3/2023
Sweden's major sawmill companies Södra and Setra faced a challenging third quarter as global economic uncertainties continued to [...]
October 24, 2023
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