Latest News

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Italian furniture is now slowing down in China: exports drop to -20.6% in the first 7 months of 2023

Even for 2024, FederlegnoArredo's estimates are not rosy. In addition to an economic turnaround, the sector hopes for a political change of pace. But the country must be monitored to prevent Made in Italy from becoming a 'cage'.... [more...]

US imports of sawn tropical hardwood slump

US imports of sawn tropical hardwood fell by 7% in September. The 17,924 cubic meters imported in September was 13% below the volume imported in September 2022.... [more...]

Inflation forecast to drop further and EU economy to show modest upturn

The European Commission has published its Autumn 2023 economic forecast. It predicts that economic activity will gradually recover and inflation will continue to go down. ... [more...]

84 Lumber announces expansion to California

84 Lumber, the nation’s largest privately held supplier of building materials, is proud to announce their latest expansion plans with several new stores and a component plant to open in California.... [more...]

Bruks Siwertell to supply new biocarbon pellet plant in Columbus, Mississippi

Bruks Siwertell has secured a contract for the design and supply of a new biocarbon pellet plant, which will replace coal in steelmaking and deliver renewable energy to one of the first ‘green steel’ production facilities of its kind.... [more...]

Market Prices

Germany: Producer price index for woodworking machinery slightly increasing

According to the Federal Statistical Office, the German producer price indices for commercial products such as woodworking machinery and cutting tools developed... [more...]

Premier Forest Products to acquire North-East Sheets & Panels

Premier Forest Products announces another acquisition with the purchase of North-East Sheets & Panels Ltd. (NESP).... [more...]

N. American hardwood demand remains firm

North American new orders for tropical hardwoods have experienced a modest slowdown, but the demand for other hardwoods remains robust especially in high-end projects and exterior applications... [more...]

Metsä Board completes folding boxboard capacity expansion at Husum mill

Metsä Board has completed the expansion of folding boxboard production capacity at the Husum integrated pulp and paperboard mill in Sweden. ... [more...]

Production in construction up by 0.4% in the euro area and by 0.5% in the EU

In September 2023 compared with August 2023, seasonally adjusted production in the construction sector increased by 0.4% in the euro area and by 0.5% the EU... [more...]

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Special Reports

special report

Softwood Conference Vienna: Challenging Times in a major Building Market Downturn

On the 12th of October 2023 the 71st edition of the International Softwood Conference was held at the Hilton Vienna Park...... [ more...]

special report

Fordaq business survey reveals divergent trends in the global wood industry

Fordaq released the results of its business sentiment survey carried out from 15th Sept 2023 till 5th of October 2023 among its members worldwide...... [ more...]

special report

China strengthens stimulus for real estate—with benefits for timber market

China’s timber market is holding up, despite insufficient export orders, according to the August 2023 edition of the Global Timber Index (GTI) Report. The GTI Report tracks the timber sector in seven pilot countries around the world.... [ more...]

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