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Ikea profit falls 26% as U.S. tariffs drive up costs

Sweden’s Inter Ikea, the company that supplies furniture to Ikea stores worldwide,…

Södra cuts sawmill output by 20%

Södra has announced a temporary reduction in production at its Värö and…

British Columbia launches largest forestry trade mission to Asia to expand lumber markets

On Thursday, the British Columbia government said a delegation led by Minister…

Stora Enso’s Bad St. Leonhard plant surpasses one million cubic meters of CLT production

The Stora Enso Bad St. Leonhard plant in Carinthia, Austria, has produced…

German Timber Trade Association calls for tighter control to block Russian timber imports via third countries

The German Timber Trade Association (GD Holz) has reaffirmed its full support…

Interfor reports $216 million Q3 loss as tariffs, weak prices, and duty adjustments pressure results

Interfor Corporation reported a net loss of $216 million for the third…

West Fraser cuts lumber capacity

West Fraser Timber said on Thursday it will permanently close its lumber…

U.S. Senate approves three resolutions to revoke Trump’s authority on import tariffs

The U.S. Senate has approved three resolutions seeking to limit President Trump’s…

UK traders competing fiercely for sales to year-end

With the fourth quarter underway, weak demand has been creating difficulties for…

EUDR to proceed on schedule as Commission rules out further delay

The European Commission has confirmed that the EU Deforestation Regulation (EUDR) will…