Layoffs at Metsä Group’s sawmills due to the weak market situation

The change negotiations for Metsä Group’s Vilppula and Lappeenranta sawmills have been…

Germany: Wood prices in 2024 struggle amid economic downturn and construction slump

Wood prices in 2024 are experiencing significant pressure, driven by the broader…

High timber prices present historic opportunity for the Swedish forest industry

Raw material prices in agriculture and forestry are fluctuating in unprecedented ways.…

More lumber production curtailments announced in North America

Recent developments in the North American lumber industry have seen significant curtailments…

Germany: Sawmills entitled to compensation of up to EUR 500 million after forestry administration violated antitrust law

A court in Germany has found that antitrust laws were breached over…

Interfor to indefinitely curtail Georgia and South Carolina sawmills; cites weak lumber markets

Interfor Corporation will indefinitely curtail operations at its lumber manufacturing facilities in…

Metsä Group prepares for production cuts at two of its sawmills

Metsä Group begins  negotiations at Lappeenranta and Vilppula sawmills. The negotiations concern…

Rising log costs puts Finnish sawmills at risk

The price of logs has risen so much that Finnish sawmills are…

Finland: Output of sawmills drops in H1/2024

It is estimated that the output of Finnish softwood sawmills has declined…

Allegheny Wood Products starts selling multiple assets after sudden closure

In February of this year, Allegheny Wood Products, the 50-year-old West Virginia-based…