US imports of European softwood lumber hit record

US softwood lumber imports from European suppliers soared further into record territory in the first quarter after setting all-time highs in 2022. Shipments from the 10 largest European suppliers climbed to 611 million board feet through March, up, 38% from the first quarter of 2022. First-quarter imports from Europe gained 4%, compared to the 584 million board feet (mmbf) shipped in the fourth quarter last year, and sustained the unprecedented surge in shipments that emerged last year. US loses market share to other producing regions North American exports once again maintained a multi-year fade ...