Sanctions on Russia negatively impact Australia’s construction industry

With supplies of key laminated veneered lumber (LVL) and engineered wood products…

Impact of the war in Ukraine on the Finnish forest sector

Last year, less than nine million cubic meters of wood and wood…

IKEA to sell its four plants in Russia

The Swedish retailer IKEA plans to sell its plants in Russia. The…

Wood prices in Germany: spruce 50% more expensive – new record prices

While the world market prices for wood are falling, there is no…

“Timber prices going up daily” in Europe due to Ukraine war, architects complain

European architects and designers are struggling to source wood for their projects…

Finland: Lumber prices start to fall sharply

Uncertainty is already visible in Finland’s lumber market, and demand and prices…

Russian sawmills hit by sanctions

Already in May 2022, Russian sawmilling companies were able to largely feel…

Plywood plants of Russian Sveza work at 20-40% of capacity

Aleksey Mordashov, head of the board of directors of Severstal, which also…

Wood supply shortage expected to hit European markets in the coming months

European parquet markets have diverged in 2022. While Italy, Scandinavia and Spain…

IKEA plans to sell its four plants in Russia

The Swedish retailer IKEA plans to sell its plants in Russia. The…