Forestry

Sharp drop in New Zealand log export prices in October

With record high prices in the traditionally slow months of June and July now, New Zealand log export prices have [...]

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.     [...]

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 [...]