• Market Prices
  • October 24, 2016 14:34

U.S.: Softwood and panel markets - Week 41, 2016

Many framing lumber prices eroded in sluggish trading. Producers lowered quotes on #2&Btr offerings and opened to counters to generate orders. Some stayed out of the fray on the strength of order files extending through October. By many accounts, October was turning out to be a disappointment after September failed to meet expectations.... [more...]

  • Market Prices
  • October 24, 2016 10:35

Investments in the Finnish forest industry boost the use of roundwood

Increasing timber consumption by the Finnish forest industry will rely on domestic timber even more than before. Commercial roundwood removals will reach new record levels. Roundwood trade has picked up notably, especially due to high demand for spruce. Growth was evident already in the beginning of this year and the trade will keep growing next year. Roundwood prices are expected to remain steady... [more...]

  • Forestry
  • October 24, 2016 10:31

Dimesilia Holdings Ltd made an unsolicited public takeover offer for all shares in RusForest

On October 24, 2016, Dimesilia Holdings Ltd announced an unsolicited public takeover offer for all shares in RusForest (the “Offer”). The Board of RusForest will evaluate the Offer and ... [more...]

  • Sawmilling
  • October 24, 2016 08:40

U.S. Lumber Coalition welcomes efforts for a new softwood deal with Canada

The U.S. Lumber Coalition welcomes a letter from 24 United States Senators expressing appreciation for the US Administration’s efforts to obtain a new softwood lumber trade agreement with Canada designed to fully and effectively address the market effects of subsidized Canadian lumber exported to the United States... [more...]

  • Sawmilling
  • October 21, 2016 11:01

China: Growth in manufacturing mainly from state enterprises

Growth in manufacturing mainly from state enterprises The most recent data for China’s manufacturing purchasing managers index (PMI) is that for September.... [more...]

  • Forestry
  • October 21, 2016 08:40

Setra reports Q3 results

Swedish wood products company Setra reports an operating profit of SEK 86 million (Jan.-Sep 2015: 78) for the period January-September 2016. The profit includes non-recurring items in an amount of SEK 13 million (Jan.-Sep 2015: -21). Net sales reached SEK 3,043 million (Jan.-Sep 2015: 3,232)... [more...]

  • Sawmilling
  • October 21, 2016 07:21

Visitor online registration opens for DOMOTEX asia/CHINAFLOOR 2017

DOMOTEX asia/CHINAFLOOR – the largest flooring tradeshow in Asia Pacific - has opened the visitor online registration portal for its 19th edition which will take place from March 21-23, 2017 in Shanghai, China... [more...]

  • Forestry
  • October 20, 2016 11:03

Moelven profits drop sharply in Q3/2016

Norwegian Moelven Group's operating result for the third quarter dropped by 17.4 per cent to NOK 66 million, compared to NOK 80 million for the corresponding period in 2015. CEO Morten Kristiansen of Moelven Industrier ASA says that the decline in operating result for the year's third quarter is primarily due to reduced earnings in the interiors and module operations... [more...]

  • Sawmilling
  • October 20, 2016 09:19

US may impose duties on sawn softwood from Canada

The Softwood Lumber Agreement between Canada and the US expired in October 2015 and the one-year period of tariff-free trade passed without a new agreement. The previous agreement limited Canadian access to the US market through a combination of export taxes and volume quotas, thus providing stability for the Canadian industry... [more...]

  • Sawmilling
  • October 19, 2016 16:06

Two Rivers Lumber selects BID Group to deliver equipment for Alabama sawmill

BID Group of Companies will deliver a state-of-the-art turnkey Two Rivers sawmill complex in Demopolis, Alabama. Construction will begin in the first quarter of 2017 and... [more...]

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